The New Chair of Indonesian Chamber of Commerce and Industry

www.britcham.or.id ISSUE 01 2016 UPFACILITATING TRADE & INVESTMENTDATE BETWEEN INDONESIA AND BRITAIN

THIS MONTH’S FEATURES Meet the New Chair of Indonesian Chamber of Indonesia Commerce and Industry - Rosan P. Roeslani A GOOD PLACE TO DO BUSINESS, [P. 31 ] A GOOD PLACE TO RELAX

B jkt jakarta

BUSINESS & ECONOMICS

Business Confidence Index 2015 [P. 14 ]

LEISURE AND RECREATION

Sports Diving in Indonesia [P. 37]

ISSUE 01 2016 TABLE OF CONTENTS

43 The Future Paradise – Bali (GIGI LIU 12 – THE EXECUTIVE CENTRE) Indonesia: 45 A Journey to Exotic Indonesia Sustaining (ANKA – BRITCHAM) Growth 48 Travel Safe (RAFFLES HOSPITAL) Momentum 49 A Magical Trip to Nepal (IRENA – BRITCHAM) 52 Wonderful Indonesia: 2016, the 37 New Excitement of Indonesia Sports Diving in Indonesia Tourism Sector (CHENNY – BRITCHAM) 04 Forthcoming Events 53 Borneo: A Hidden Paradise (CHRIS SPECIAL EVENTS 05 Chairman’s Message COOK – BRITCHAM) 06 Executive Update 24 BritCham Christmas Party 2015 07 Overseas Business Network Update 27 UK Visit Seminar – Bandung LIFESTYLE AND HEALTH 28 Meet the New Indonesian Ambassador to the UK 54 The Fitness Industry (RON WHITE – BANKING & FINANCE 30 Meet Pak Rosan the New Chair of BALI HEALTH) 08 Trade Winds: Shaping the Future Indonesian Chamber of Commerce of International Business (HSBC) and Industry (KADIN) EVENTS 10 Are You a Winner or a Loser in the Oil Game? (COLIN BLOODWORTH – PPI 55 Giving Kids A Sporting Chance + THIS MONTH’S FEATURES INDONESIA) Nusantara 7s 12 Indonesia: Sustaining Growth 31 Rosan P. Roeslani – The New 56 EIBN Joint Gathering Momentum (ALDIAN TALOPUTRA – Chair of Indonesian Chamber of 57 Breakfast Briefing with APINDO: STANDARD CHARTERED) Commerce and Industry (KADIN) In Support of a More Conducive 33 Ross Hunter – Executive Director Regulatory Environment of the UK-ASEAN Business Council 58 Business and Social Gathering – BUSINESS & ECONOMICS 34 Bamband Sudradjat – Deputy January 14 BCI 2015: Global Factors Drive Chairman of Indonesian Chamber 59 Business and Social Gathering – Index Down, but Key Indicators are of Commerce – Central Area (Bali, February Positive (EUROCHAM) Jawa and Kalimantan) 60 OBNi Webinar: “Doing Business in 17 UK Visit Seminar 2016 – Surabaya Indonesia: The Biggest Economic 19 Vice-President Launched Three- Power in ASEAN! A Country too LEISURE AND RECREATION Hours Investment Licensing Big to Ignore?” Service (BKPM) 37 Sports Diving in Indonesia (DR 21 Ownership of Homes or Residences BRANDO – INTERNATIONAL SOS) MEMBER’S ANNOUNCEMENTS by Foreigners in Indonesia (MICHAEL 38 Cultural Survival Guide – S. CARL AND MIFTAHUL KHAIRI – SSEK)) Travelling in Indonesia (DR BRANDO 61 CPA Australia, Drs. Hanny, Wolfrey 22 Strong Forces behind the Growth of – INTERNATIONAL SOS) & Rekan, and Pernod Ricard F&B Sector (GIGI LIU – THE EXECUTIVE 39 E-Books: A New Page in Reading 62 Howden Indonesia and Now Health CENTRE) (POONAM SAGAR – PT INFOTECH SOLUTIONS) International

Our patron: Proudly sustained by:

The Executive Office is kindly sponsored by:

This publication is not for sale. It is distributed free to members of the British Chamber of Commerce in Indonesia (BritCham). The articles selected for this publication represent a range of views on significant Airline partner of the year 2013/2016: current issues in Indonesia. The views expressed in this journal cannot be assumed to represent the official views of BritCham as a whole nor of its Board of Management and Executive Office. Any errors of fact that occur in the articles are the responsibility of the contributing author or publisher. The articles are not intended as formal advice and should not be relied upon as such.

FACILITATING TRADE & INVESTMENT BETWEEN INDONESIA AND BRITAIN www.britcham.or.id | 3 FORTHCOMING EVENTS

British Chamber of Commerce in Indonesia

April 2016 Indonesia to the UK

28 April 2016 Business and Social Gathering

www.britcham.or.id

British Chamber of Commerce in Singapore

British Chamber of Commerce in Thailand

•14 April 2016 BritCham Rugby 7s British Malaysian Chamber of Commerce Networking Evening

19 April 2016 How 4 Billion-Dollar-Brands 22 April 2016 used Digital to Transform Joint Chambers Eastern their Marketing Seaboard Networking Evening 28 April 2016

BMCC Premier Luncheon: britcham.org.sg 23 April 2016 The New Frontier of Bangkok St. George’s Society Entrepreneurship 54th Annual Ball

www.bmcc.org.my members.bccthai.com

Get the latest information of the upcoming events, business, trade, and For further information or to make a investment related matters reservation, please contact or on our social media as follows: [email protected] at +62 21 522 9453 British Chamber of call Kishi Commerce Indonesia @britcham_id For sponsorship, please contact @britcham_id [email protected] British Chamber of Commerce in Indonesia

EDITORIAL TEAM The Executive Office: [email protected] DESIGN, LAYOUT & PRINTING One Asia Group UP.DATE is published by BritCham (British Chamber of Commerce in Indonesia). This publication may not, in whole or part, be lent, copied, photocopied, reproduced, translated or reduced to any electronic medium or machine readable form without the express written permission of the publisher.

WE HAVE RECENTLY LAUNCHED THE BUSINESS CONFIDENCE INDEX 2015 (BCI) REPORT. THE REPORT INCLUDES AN IN-DEPTH ANALYSIS OF THE CONFIDENCE LEVELS OF BOTH BRITISH AND EUROPEAN BUSINESSES REGARDING INDONESIA AS A PLACE TO DO BUSINESS

As you may recall the survey expanded in the forthcoming Presidential visit to its audience to include EKONID, INA, the UK in April 2016 along with BKPM. IFCCI and EuroCham. The BCI 2015 The fact that we have been afforded provides insightful findings into the this opportunity is testimony to the ADRIAN SHORT Chairman of British Chamber of thoughts of CEOs and Senior Managers hard work and dedication within the Commerce in Indonesia operating and investing in Indonesia. chamber to create a more conducive A special thanks goes to Nielsen, business climate in Indonesia. The our official partner in conducting the Chamber will use this to highlight our survey. successes and primary role as the facilitator of the UK SMEs/Firms who For me, the key finding to take away have interest in doing trade and/or from the report were that whilst the expanding their business to Indonesia. World Trade Centre 5 / Wisma Metropolitan 1, index has dropped quite significantly, Given the facts of the huge potential 15th Floor Jl. Jend. Sudirman Kav. 29-31 ( partly due to global conditions and of this country and interests of the Jakarta 12920 – Indonesia the prevailing macro-economic UK SMEs/Firms, we are committed Phone +62 21 522 9453 indicators) there were some to assisting you through the Overseas Fax +62 21 527 9135 Email [email protected] encouraging statistics - concern Business Network Initiative. For more www.britcham.or.id over a lack of skilled labour, poor information, you can contact uksme@ OFFICERS CHAIRMAN Adrian Short VICE infrastructure, corruption, political britcham.or.id and visit our website. CHAIRMAN Harun Reksodiputro HONORARY and social stability have decreased SECRETARY James Bryson HONORARY TREASURER Daniel Hankinson | FOCUS GROUPS by between 14 and 21 percent. We Finally, as we head towards the Easter CHAIRMAN OF ENERGY & NATURAL RESOURCES now see what I would suggest is a holiday period we have focused on the SECTOR David Braithwaite MBE CHAIRMAN more normal set of top issues for Leisure and Recreation sector in this OF H.R. DEVELOPMENT & EDUCATION David Knowles CHAIRMAN OF INFRASTRUCTURE European businesses operating in issue. This sector in particular presents Richard Michael CHAIRMAN OF FOOD, FORESTRY, FISHERIES & AGRICULTURE Roger Pinder | SECTOR COMMITTEES CHAIRMAN OF MEMBERSHIP SECTOR COMMITTEE Aziz Adam “IT IS POSITIVE NEWS FOR BRITISH BUSINESSES Sattar CHAIRMAN OF YOUNG PROFESSIONALS GROUP Andrew Sutedja CHAIRMAN OF WHO HAVE CONCENTRATED ON THIS SECTOR PROFESSIONAL WOMEN COMMITTEE Sony Jethnani BOARD MEMBERS John Arnold OBE AND PLAN TO EXPAND THEIR BUSINESS IN (Former Chairman), David Burke, Rob Daniel, INDONESIA.” John Galvin, Colin Harvey, Malcolm Llewellyn OBE (Former Chairman), Tonny Pranatadjaja, John Slack, Darwin Silalahi, Aziz Adam Sattar, Ainsley Mann, Anthony Cottan, Cynthia Wihardja, Indonesia, namely concerns around a great deal of potential for British Jeremy Kemp | EX OFFICIO Lizzy Hawkins – bureaucracy, regulatory environment Businesses. The sustained support Director of UKTI, Sally Goggin – Director of and policies. Through the UK Embassy from the Government is evident by British Council, Heru Dewanto – IABA, Maxi Gunawan – KADIN (CORRESPONDENCE FOR prosperity team we are working with the revised Negative Investment List BOARD MEMBERS may be addressed to: info@ the UK Better Regulation Delivery (DNI). The Tourism sector includes britcham.or.id) | EXECUTIVE OFFICE EXECUTIVE DIRECTOR Chris Wren (chriswren@britcham. Office to scope out how we can assist restaurants, bars, cafés and recreation or.id) GENERAL AFFAIRS COORDINATOR with improving the environment in centres which, according to the media Safiera Nadya ([email protected]) COMMUNICATIONS OFFICER Anka (anka@ these areas. All this is to support reporting, are all now open for Foreign britcham.or.id) MARKETING & SALES Maria Indonesia’s ambition to significantly Direct Investment (FDI). It is positive Harliyono ([email protected]) EVENTS improve its current ‘ease of doing news for British Businesses who have COORDINATOR Kheista Leoni (kishi@britcham. or.id) FINANCE OFFICER Daliana Tiono (finance@ business’ ranking. If you haven’t seen concentrated on this sector and plan to britcham.or.id) FINANCE & ACCOUNTING the results, they can be accessed expand their business in Indonesia. We STAFF Orlin Cicilia ([email protected]) PUBLICATIONS [email protected] through our website. hope that the Government will allow OVERSEAS BUSINESS NETWORK DEVELOPMENT us to continually assist in bringing the PROJECT DIRECTOR Karen Butterfield (uksme@ I am also pleased to announce that best advice and support to help grow britcham.or.id) BritCham will be taking an active role these areas to their full potential.

FACILITATING TRADE & INVESTMENT BETWEEN INDONESIA AND BRITAIN www.britcham.or.id | 5 EXECUTIVE UPDATE

I WOULD LIKE TO FIRSTLY WELCOME EVERYONE TO THIS FIRST EDITION OF UP.DATE, 2016. ANKA AND HER TEAM HAVE BEEN WORKING ON THE DIVERSITY OF CONTENT WITH BUSINESS FEATURES AND INTERVIEWS. PLEASE SHARE YOUR THOUGHTS WITH US.

THE NEW BRITCHAM We have been more creative with HANDBOOK, 2016/17 our settlement terms allowing our We are replacing the Guide To British members to straddle payments over Business in Indonesia (GBBI) with two financial years. We hope this will a new HANDBOOK that will feature help more of our members to profile GBBI. The Handbook will have more more prominently. CHRIS WREN messages from key stakeholders, Executive Director of British Chamber represent documentation of our vast THE BRITCHAM WEBSITE of Commerce in Indonesia range and volume of activities, PLUS All of the increased activity via an expanded directory that will tell the webinars, outside the Jakarta and with be accessed by all visitors giving 1200 plus British businesses who are partners in the UK has led to average you the opportunity to profile your looking at Indonesia, which businesses website hits per month topping 1500. credentials. are here and can offer services to We expect that number to rise. support them. We have also added more banner For members to benefit and to advertising spots on the most visited So, two things to ask you to note: promote their credentials, we have pages. You can take these for just Advertising in the Handbook - many, recently created a new value-added one month at a time. Or save money, but not all, of the higher profile slots feature for use by members only and contract for longer but with flexibility have been booked. Please respond to it is FREE. Submit articles of business to change your messages. Again, I Olivia and Maria for more information. interest and relevance and they can invite you to to talk to Olivia to discuss the best options and special member discounts.

MEMBERSHIP SATISFACTION SURVEY (MSS) You will recently have had your personal invitation to complete our BritCham MSS. It will only take 10-12 minutes. But your thoughts on what we do, how well we do and what other things you would like us to do for you are all important. Our thanks in advance.

THANKS AND BEST WISHES Some of our team are moving on. Karen Butterfield has progressed the Overseas Business Network project extremely well and now moves on with her husband to Tanzania. Afit is off to represent Indonesia at their Embassy in Namibia. Lulu has used her internship as a platform for her first career rung. And Nadya, feels the time is now for her Masters. My sincere thanks to each of you for your personal contributions to a great team. Very best of luck.

BRITISH BUSINESS CENTRE: Updates and Developments for Members ONE OF BRITCHAM’S FOCUS HAS BEEN ON INCREASING ITS NETWORKS WITH KEY STAKEHOLDERS, PRIVATE AND GOVERNMENTAL INSTITUTIONS TO SUPPORT UK INVESTMENT IN INDONESIA.

BUSINESS REPORTS & SERVICE EVENTS & TRADE MISSIONS EXHIBITION DELIVERIES The list of OBNi events include OBNi has been successfully OBNi have assisted almost 1000 UK the recent MoU signing with Kadin participating as an exhibitor in companies for service delivery since Surabaya (Chamber of Commerce) and Manufacturing Expo in Jakarta and it began in 2013. We have provided the UK visit seminar in Surabaya, East partnering with UK companies to join our service to UK companies who are Java as an initiation for a program to under the BritCham booth. interested in expanding their business visit the UK in Mid-April. The purpose in Indonesia as a potential new market. of the seminar is for East Java TEAM UPDATE This service is providing a mutually businesses that are looking to the UK In January 2016, the OBNi team beneficial agreement between UK for investment to understand more has welcomed new members. Patricia Grace Veronica, as a Senior Business Development Coordinator, “WE HAVE PRODUCED ALMOST 40 CUSTOMIZED and Jusuf Agung, as a Business BUSINESS REPORTS FOR UK SMES WHICH WILL Development Coordinator who is based in Surabaya. SEE FURTHER GROWTH WITH THE INCREASING OF BUSINESS INTEREST TO THE INDONESIAN MARKET.” If you would like to know more about OBNi and the services we provide, and/or to participate in any of our SMEs and local BritCham members. We about what opportunities will interest events, please feel free to contact us have produced almost 40 customized British counterparts. on +62 21 522 9453. Business Reports for UK SMEs which will see further growth with the WEBINARS IN PARTNERSHIP WITH: increasing of business interest to the Since it started in August 2015, OBNi’s Indonesian market. These reports monthly webinar has gained almost have led some of the companies to 500 registered companies joining visit Indonesia to further discuss their the online presentation from various business plans with local companies. sectors.

FACILITATING TRADE & INVESTMENT BETWEEN INDONESIA AND BRITAIN www.britcham.or.id | 7 BANKING & FINANCE Trade Winds: SHAPING THE FUTURE OF INTERNATIONAL BUSINESS

8 | UP.DATE ISSUE 01 2016 COPYRIGHT © 2016 THE BRITISH CHAMBER OF COMMERCE IN INDONESIA THE WORLD IS ENTERING A THIRD PHASE OF GLOBALISATION THAT WILL BOOST TRADE, CHANGE THE WAY COMPANIES WORK AND IMPROVE THE QUALITY OF LIFE OF MILLIONS OF PEOPLE, ACCORDING TO A NEW HSBC REPORT.

‘Trade Winds: shaping the future of Produced by Oxford Economics on The report highlights several other international business’ examines behalf of HSBC, the research finds that developments that will influence trade the key trade and business trends of the third stage of globalisation will be over the next four decades: the past 150 years and looks ahead driven by continued industrialisation • There will be more multilateral to 2050. It forecasts that total goods and a sharp drop in transport and efforts to counter climate change, exports will reach USD68.5 trillion by communication costs. It predicts new which will lead to advances in fuel 2050 – nearly four times the value of markets will open up thanks to changes efficiency, renewable energy and global exports in 2015 and more than in trade policy, and that the cost of trade energy storage. 150 times that traded in 1950. will fall. Advances in technology will • The development of 3D printing continue to trigger rapid change, driving will gradually revolutionise the way Developments in technology, public policy, operations and logistics will bring many benefits, according to the report: “This third wave of globalisation “DEVELOPMENTS IN TECHNOLOGY, PUBLIC POLICY, will take millions of people out of OPERATIONS AND LOGISTICS WILL BRING MANY poverty, raise income levels and BENEFITS, ACCORDING TO THE REPORT: “THIS THIRD improve quality of life. Emerging economies will increasingly catch up WAVE OF GLOBALISATION WILL TAKE MILLIONS with mature economies as economic OF PEOPLE OUT OF POVERTY, RAISE INCOME prosperity is spread more evenly. LEVELS AND IMPROVE QUALITY OF LIFE. EMERGING “For businesses there will be new ECONOMIES WILL INCREASINGLY CATCH UP WITH opportunities – these include new MATURE ECONOMIES AS ECONOMIC PROSPERITY IS ways of working, new business models SPREAD MORE EVENLY.” and new skills requirements. Physical borders will become less important and how we define trade will change.” the development of new products and customers access goods, enabling Asia is expected to be a big beneficiary business models. Companies will also customised ‘build to order’ production. of these changes, with the region’s establish better ways to manage their • Trade flows will increasingly relate share of global exports predicted to businesses and distribute goods more to the movement of services rather reach 46 per cent in 2050, compared efficiently. than products, in the same way with 33 per cent in 2015. That shift is that films, books and music are likely to see China extend its lead as Stuart Tait, Global Head of Trade and increasingly sent digitally. the world’s top exporter, while India Receivables Finance, HSBC, says: • The rise of intelligent technology exerts increased power. Western “There will be a huge change in current will mean devices will increasingly Europe and North America are supply chains. Logistics will become be able to interact with each other. expected to see their shares of global even more efficient as each element TAKEN FROM: HTTPS://GLOBALCONNECTIONS. exports decline but in absolute terms becomes trackable. Currently there is HSBC.COM/GLOBAL/EN/ARTICLES/TRADE- WINDS-SHAPING-FUTURE-INTERNATIONAL- they will be larger than today. waste in the production cycle.” BUSINESS

FACILITATING TRADE & INVESTMENT BETWEEN INDONESIA AND BRITAIN www.britcham.or.id | 9 BANKING & FINANCE

PERSONAL FINANCE: maintaining this balance but the shock fall in oil price has hit their bottom lines hard with some of the Are You a Winner or a majors reporting a quarterly loss for the first time in decades. Loser in the Oil Game? SO WHO ARE THE LOSERS IN THE OIL GAME? • The big oil companies whose profits and cash flows have been slashed. • The smaller oil companies and the service companies that serve the oil industry, some of whom have already gone out of business with others facing insolvency if the price of oil remains for long at current levels. • Thousands of employees worldwide whose livelihoods depend on the oil industry directly or indirectly and have lost their jobs. • Oil exporting countries including those in the Middle East who now have to drastically cut their national budgets and countries like Russia whose economies and currencies have been severely hit due to their high dependence on oil. • Investors in oil and energy shares and funds which have fallen by up to 50% in value since the price of oil started falling. • All stock market investors around the globe as the shock in the energy industry has impacted a wide range of non-related stocks and brought all indexes down, particularly at the start of the year. • Pension funds and institutional ECONOMISTS ARE ALWAYS EXPERTS WHEN IT COMES funds. No escape for them either. TO EXPLAINING WHY EVENTS HAVE OCCURRED IN THE Many of them count on dividends for their cash flow but these are also FINANCIAL MARKETS. BUT FEW, IF ANY, ACCURATELY under threat. According to a Sky PREDICT WHAT WILL HAPPEN IN THE NEAR FUTURE. report, Shell accounts for £1 in every £6 received by UK pension funds. No-one ever dreamed eighteen months years) and preferably the long term (ten • The environment. Cheap oil is going ago that the price of oil would fall by years plus). to slow down moves to develop some 70% to levels not seen since 2004. alternative energy solutions. ‘Gas This inability to predict events is why we Investing in oil is certainly a long guzzlers’ will come back into favour should be prepared for a wide range of term matter. The major oil companies in the US. Sales of fuel-efficient and outcomes when making financial plans. have to plan years ahead when they electric cars have slumped. The first principle to follow being if you make investments. At the same time • Alternative energy industries. In are likely to need cash in the short term they have to watch their quarterly the UK a major airline has shelved stay in cash. Investing in assets such results and dividends to keep their a £340 million project to produce as stocks, commodities and property is shareholders happy. In normal times aviation fuel from household strictly for the medium (minimum five they have been very successful in waste.

10 | UP.DATE ISSUE 01 2016 COPYRIGHT © 2016 THE BRITISH CHAMBER OF COMMERCE IN INDONESIA BUT THERE ARE WINNERS TOO! Cheaper petrol has only made Jakarta’s made half their WHO ARE THEY? traffic jams worse. This would be an ideal gains. Sales of • Countries that rely on imported oil. time to tax petrol as in Europe. It would any given asset • Motorists. Prices of petroleum discourage non-essential motoring and are almost

products are falling. produce a useful income to the country. always at their Colin Bloodworth, • Airlines. We may even see those ‘fuel But it’s not going to happen. highest when has surcharges’ disappearing. prices are close spent over 25 years • Industry as a whole. Cheaper Perhaps more serious is the long-term to their peak. in Indonesia, part of energy means lower costs and more impact of a smaller oil industry and This is why which was in the oil industry. If you have efficiency. lower production. Not such a problem people rarely any questions on this • Companies and in turn their share while cheap imported oil is available but make money article or related topics you can contact prices which will benefit from the crunch will come in the future when when investing! him at 021 2598 5087 lower costs. Some airlines are now the oil price rises again (as it will) at or colin.bloodworth@ reporting significant profits thanks which point the reduced local production The key is to look ppi-advisory.com to lower fuel costs. and the cost of importing most of the long term. There • Small businesses with reduced oil to satisfy a growing economy could is a good chance energy bills. become a serious issue. It will mean that the oil price • The tourism industry. Lower costs either further subsidies again or the risk will reach $40 to $50 a barrel by year should mean cheaper air fares and of labour unrest. Either way there will be end, compared to the current price of more tourists, coupled with lower further pressures on the economy. around $30 a barrel. Of course the price fuel bills for hotels. could also fall to $20 a barrel. But at that • Investors in non-oil related WHERE WILL THE PRICE OF OIL price, and even at today’s price, more industries, as reduced costs GO FROM HERE? production facilities would be shut down improve profits, dividends and share Predictions vary wildly. Movements and this in turn will diminish supply to a prices. can alternate up or down on almost a point when it is in balance with demand. • Investors with regular savings daily basis. Several major banks have Then we could see a significant rise. But plans as they are buying in right suggested the price of oil could fall to as it could take longer than is currently now at very low unit prices and are as low as £10 and £20 a barrel before predicted patience is essential. therefore buying more units than recovering. On the other hand, there is they were a year ago for the same a wide consensus among analysts that Just looking at the history of energy monthly contribution. The benefit a forced reduction in production levels funds I would be very surprised if will come in future years when could cause the price to rise to between today’s energy fund prices have not prices rise again (as they always do £45 and $50 a barrel by year end. There trebled in five years. The International after a crash). are those however who believe that the Energy Agency in a report dated 22 addition of Iranian oil into the equation February said that due to a rapid fall in IS INDONESIA A WINNER OR A will hold prices down. The fact is, no- output oil prices will start recovering LOSER? one really knows for sure and any one in 2017 and there could be a spike in In fact it is both. Now that half of the oil of many factors could cause a major oil prices by 2021. This really makes the country consumes is imported the surge in price, such as an agreement investing in oil and energy today a non- impact on the country’s budget and also between several major producing brainer if you can hold on through near- foreign trade balance is significant. The countries to reduce production or a term volatility. crippling fuel subsidy before President serious spat between arch rivals Iran Jokowi took office has disappeared and and Saudi Arabia. Cautious investors can hedge against a fuel prices may be reduced further at delayed rise in prices by investing each the next review in April. ARE THERE INVESTMENT month into an energy fund via a long OPPORTUNITIES FOR SMALL term savings or pension plan. This will On the downside however the country, INVESTORS? avoid any sudden short term shocks as elsewhere, is seeing a major Human nature is such that people flock and will reap benefits in later years. shrinkage of the oil industry and related to invest when prices are high but are As many expatriates have long term investment. Several thousand jobs reluctant to invest while prices are low savings plans with life companies a have gone or will go before a balance is like today. This applies to any asset. The simple switch costs nothing. Similarly, restored. Large numbers of expatriates usual rationale for not investing is that a portfolio switch would cost little in the industry have been forced to prices may fall even further. Indeed they compared with the potential gain over leave. This in turn adds to job losses may, but in due course they will rise five years. among the people who provide services again but people will not be convinced to them such as drivers, domestic staff at the first signs and when they finally And while you are at it, don’t overlook and so on. take the plunge prices will have already gold. But that’s another story!

FACILITATING TRADE & INVESTMENT BETWEEN INDONESIA AND BRITAIN www.britcham.or.id | 11 BANKING & FINANCE

Indonesia SUSTAINING GROWTH MOMENTUM INDONESIA’S ECONOMY GROWTH SLOWED TO 4.7% Y/Y IN 2015 FROM 5.1% Y/Y IN THE PREVIOUS YEAR DUE TO SLUGGISH GLOBAL DEMAND AND EASING PRIVATE INVESTMENT, ESPECIALLY IN THE MINING SECTOR. GOVERNMENT SPENDING, EXPECTED TO ACT AS A CUSHION, WAS UNABLE TO REVIVE THE ECONOMY BECAUSE OF DELAYS IN BUDGET DISBURSEMENT. CHANGES IN THE MINISTERIAL STRUCTURE AND THE BUDGET REVISION AT THE BEGINNING OF THE YEAR HAVE BEEN CITED AS THE MAIN CULPRITS.

However, the recent development Dec15. Investment activity has also been infrastructure spending in 2016, up suggests that we might have seen recovering, indicated by healthy growth 8% y/y. The pre-auction preparation the bottom of the economy. Indonesia in cement demand. Cement sales grew of some infrastructure projects under economy expanded by 5.04% y/y by 5.7% y/y in Jan16 led not only driven the Public Works and Housing Ministry Q4-2015 (vs. 4.73% y/y) beating by bulk cement for infrastructure project and the Energy and Natural Resources market expectation, as government but also from the bag cement sales that Ministry have been prepared since infrastructure spending started to usually used for property sector. October 2015 to accelerate spending stoke up investment. The momentum absorption. appears to linger in January. The Both government and private consumer confidence reading investment are likely to improve On the private side, the government suggested improvement in optimism further, in our view. The government has been launching a series of up to 112.6 in Jan16 up from 107.5 in has allocated IDR 313tn for deregulation packages, aimed at

12 | UP.DATE ISSUE 01 2016 COPYRIGHT © 2016 THE BRITISH CHAMBER OF COMMERCE IN INDONESIA cutting red tape, synchronising central cut regular fuel and diesel prices by In summary, and regional regulation, improving 5% and 16% to IDR 6,950/litre (l) and we expect the the investment climate, and providing IDR 5,650/l, respectively, effective economy to incentives to attract investment – we 5 January 2016. The price cut is rebound in expect all these to have an impact larger than initially intended, as the 2016 grew by Aldian Taloputra in the medium term. Furthermore, government postponed its plan to 5.2% y/y faster is Economist at Standard Chartered in the latest policy package issue in impose fuel charges for the energy than 4.8% y/y Bank, Indonesia. February 11th, the government revised sustainability fund. The government growth in 2015, Before joining Standard Chartered the investment negative list and also cut electricity tariffs for medium- on stronger Bank in December open up more industries for foreign to-high household subscribers by 7% investment 2015, Aldian was investment. The aim is not only to and the 12kg LPG price by 4%. These growth. We Chief Economist at Mandiri Sekuritas for attract foreign investment, but also factors should help support consumer believe faster eight years, since he to promote healthier competition in purchasing power. government joined in February 2007. He provides some of concentrated industries. We spending and economic and market believe IDR stability will also play The government’s ability to push implementation analysis and often important role on private investment infrastructure spending will depend of policy invited as speakers in several forums. recovery. on government capacity to collect deregulation tax, given the sluggish commodity that will help to Low oil prices are lowering prices. To boost tax revenue, the provide business inflationary pressure, which creates government plans to expand its tax friendly room for monetary policy loosening base and increase tax compliance, by environment will be the key to recovery by the central bank (Standard issuing a tax amnesty and improving in 2016. In addition the consolidation Chartered projects three rate cuts of tax administration by developing tax of political power will create more 25bps each in 2016, from the current database, electronic reporting, and efficient policy making process that rate of 7.5%). As global oil prices strengthen corporation with other will be important to guide the economy continued to decline, the government government institution. sailing through global uncertainty.

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ADRIAN SHORT (Chairman of BritCham), HMA MOAZZAM MALIK (British Ambassador to Indonesia), ULF HMA MOAZZAM MALIK (British Ambassador to BACKLUND (Chairman of EuroCham), CHRIS WREN (Executive Director of BritCham) Indonesia), delivering a speech during BCI

quite significantly. But, as we shall BCI 2015: Global Factors see, this fall can be attributed to the global situation and the prevailing macro-economic indicators. The Drive Index Down, but Key world is almost at a standstill; China is experiencing a huge downturn; Indicators are Positive natural resource prices have crashed, ENCOURAGING NEWS FOR NEW JOBS AND Indonesian GDP growth continues to slip; there is pressure on domestic INTERNATIONAL INVESTMENT, CONCERNS REMAIN inflation and consumer confidence is

RD challenged – of course confidence is FEBRUARY 3 , 2016 – CHAIRMAN OF BRITCHAM, ADRIAN down from a high point in 2014! But this TH SHORT UNVEILED THE RESULTS OF THE 4 JOINT is a survey that has many encouraging EUROPEAN BUSINESS CONFIDENCE INDEX 2015 (BCI) outputs. International business does TO BKPM REPRESENTATIVE, THE BRITISH & SWISS want to be here under-scored by these statistics: 66% of businesses expect AMBASSADORS, BOARDS OF THE EUROPEAN CHAMBERS, to see revenues increase in 2016; 51 AND AN AUDIENCE OF EIGHTY EXECUTIVES MOSTLY % of businesses expect to see profits REPRESENTING EUROPEAN INVESTORS DOMICILED IN increase; 46% of firms hope to make INDONESIA. major investments in Indonesia in the next two years and that has to be very In his opening, British Ambassador Adrian Short began by outlining why good for the creation of new jobs. In Moazzam Malik referred to a we should not be surprised that the fact, only 16% of businesses have a refreshing new era of productive Index has fallen from the survey period negative outlook for 2016.” collaboration between the European of last year when everyone in Indonesia Chambers and their Indonesian was highly aspirational following The BCI findings also threw out some counterparts. He also advocated President Jokowi’s election. specific and encouraging statistics – that speeding up EU-CEPA talks concern over a lack of skilled labour, would pave the way for exponential “Last year was exceptionally positive poor infrastructure, corruption, political growth in trade between Europe and for quite obvious reasons. This year and social stability have eased by Indonesia. we report that the index has fallen between 14 and 21 percentage points.

14 | UP.DATE ISSUE 01 2016 COPYRIGHT © 2016 THE BRITISH CHAMBER OF COMMERCE IN INDONESIA ASHRAF AL-OUF (Bayer Indonesia), JAN RONNFELD (Managing Director of EKONID) JOHN ARNOLD (BritCham Board Member), LUIGI CARLO GASTEL (Chairman of IBAI)

ULF BACKLUND DANIEL NICHOLLS HE DR. YVONNE BAUMANN CHRIS WREN (Chairman of EuroCham) (Head of the EU Desk at BKPM) (Switzerland Ambassador to Indonesia) (Executive Director of BritCham)

“Business certainly welcomes also one in two businesses that need the much-needed physical to be convinced by evidence that the improvements to infrastructure business environment is maturing and the availability of skilled sufficiently to invest further. labour” added Short. “However, “As Chambers, we welcome all the top three issues from last opportunities to work with agencies year remain the issues from this and stakeholders to further improve survey – bureaucracy, policy and the attractiveness of Indonesia,” regulation. There is a sense that added Backlund. the intention of government is sound however a more coordinated The Chambers are pleased to focus on implementation remains note that 27% of respondents pivotal to driving up the ease of plan to invest further outside doing business, vital to heading off Greater Jakarta-the top 2 quoted competition from SEA neighbours.” destinations being Sumatra and Sulawesi. Ulf Backlund, EuroCham Chairman summed up the key survey findings BritCham Executive Director by saying that there must be lots Chris Wren said “Overall, these right with the Indonesian business improvements are good news and environment if one out of two represent a very welcomed story to European businesses are positive tell as European nations promote in their outlook and plan to invest investment opportunities from further. But, that means there are across the whole of Indonesia.” The audiences

FACILITATING TRADE & INVESTMENT BETWEEN INDONESIA AND BRITAIN www.britcham.or.id | 15

BUSINESS & ECONOMICS

‘UK VISIT SEMINAR 2016 – SURABAYA’ Understanding the Opportunities for East Java Business with British Business THURSDAY, 14 JANUARY 2016 | HOTEL MAJAPAHIT, SURABAYA JANUARY 14TH, 2016 – THE BRITISH CHAMBER OF COMMERCE IN INDONESIA (BRITCHAM) IN COLLABORATION WITH KADIN SURABAYA, TODAY TOOK THE FIRST STEPS TO A TRADE VISIT OF SURABAYA AND EAST JAVA BUSINESSES TO THE UK IN THE FORTHCOMING MONTHS. THE ‘UK VISIT SEMINAR 2016’ IN SURABAYA, WAS ATTENDED BY 50+ BUSINESSES THAT REPRESENT KEY SECTORS INCLUDING INFRASTRUCTURE (FOCUS ON MARINE & PORTS), AGRI-TECH, RENEWABLE & CLEAN ENERGIES, HOSPITALITY AND MANUFACTURING SUPPLY CHAIN. THE SEMINAR INCLUDED A MACRO-ECONOMIC OVERVIEW FROM BANK INDONESIA, AS WELL AS THE LATEST FOREIGN INVESTMENT GUIDELINES FROM BKPM SURABAYA. A ROUND-UP OF THE SEMINAR WAS CONDUCTED BY BRITISH AMBASSADOR HMA MOAZZAM MALIK.

ADRIAN SHORT (Chairman of BritCham), CHRIS WREN (Executive Director of BritCham), DR. IR. JAMHADI (Chairman of KADIN Surabaya), JAY SINGGIH (BritCham Board Member, BKPM Surabaya representative)

During the seminar, Pak Jamhadi, location for access to parts of ASEAN President Jokowi’s trip to London in Chair of KADIN Surabaya and his team as the AEC develops. We are keen for mid-April. Chris Wren added that the presented some of the opportunities British investors to participate in the timing is perfect as British media will available to foreign investment within opportunities in East Java. We are already have the focus on Indonesia. the focus sectors. Executive Director of greatly encouraging local businesses “Indonesia will be very much on the BritCham, Chris Wren has pledged to to engage with British SMEs as agents radar of British business at this time.” mobilise the support of the 53 regional and distributors and to make best use Chambers in the UK to find matches of pioneering British technologies.” BritCham Chairman, Adrian Short, for East Java business opportunities. confirmed that BritCham had just “We are here in Surabaya because we The next step will be for a mission put a full time business development accept that Surabaya is the natural of around 20 businesses to invest resource into Surabaya as a part of the hub for East Indonesia and possibly a in the UK visit just a few days before commitment entered into via a KADIN

FACILITATING TRADE & INVESTMENT BETWEEN INDONESIA AND BRITAIN www.britcham.or.id | 17 BUSINESS & ECONOMICS

Surabaya/BritCham MOU entered into The audiences back in October. “That is part one. Part two is to match-make businesses in the UK. Part three is to bring a reciprocal UK business trade mission back to Surabaya soon after in May.”

To join the UK visit, businesses need to demonstrate a clear business opportunity and to have identified what type of partner they are seeking. In the UK, BritCham and the initiative will be fully supported by Bank Indonesia and BKPM in London.

In summing up, HMA Moazzam Malik reminded everyone that British business has been actively involved in more than 18 regencies in East Java since 1970 with significant investment and real job creation. The time is perfect to build on this mutually rewarding relationship.

15 members of the media took part in the event and showed a great deal of interest. The event was a huge success with Indonesian businesses from all sectors attending and asking questions. The process of matching particular The Panel The Audiences businesses to key areas in the UK will be crucial. For example business sectors in the energy industry are likely to be partnered with businesses in Scotland and those in the manufacturing industry can be placed in the midlands. This is a very exciting time for the Indonesia and UK partnership with great opportunities CHRIS WREN (Executive Director of BritCham), CHRIS WREN (Executive Director of BritCham), HMA available. having a talk with the audiences MOAZZAM MALIK (British Ambassador to Indonesia), DR. IR. JAMHADI (Chairman of KADIN Surabaya), ADRIAN SHORT (Chairman of BritCham) “WE ARE HERE IN SURABAYA BECAUSE WE ACCEPT THAT SURABAYA IS THE NATURAL HUB FOR EAST INDONESIA AND POSSIBLY A LOCATION FOR ACCESS TO PARTS OF ASEAN AS THE AEC DEVELOPS. WE ARE KEEN FOR BRITISH INVESTORS TO PARTICIPATE IN THE OPPORTUNITIES IN EAST JAVA. WE ARE GREATLY ENCOURAGING LOCAL BUSINESSES TO ENGAGE WITH BRITISH SMES AS AGENTS

AND DISTRIBUTORS AND TO MAKE BEST USE OF CHRIS WREN (Executive Director of BritCham), DR. IR. JAMHADI (Chairman of KADIN Surabaya), Ban Indonesia PIONEERING BRITISH TECHNOLOGIES.” representative, JAY SINGGIH (BritCham Board Member, BKPM Surabaya representative)

Vice-President Launched Three-Hours Investment Licensing Service JAKARTA, JANUARY 11TH 2016 – VICE-PRESIDENT JUSUF KALLA OFFICIALLY LAUNCHED THE THREE-HOURS INVESTMENT LICENSING SERVICE AT ONE STOP SERVICES IN INDONESIA INVESTMENT COORDINATING BOARD (BKPM) OFFICE.

fellow ministers and regulation simplification, Indonesia are visiting the could improve its competitiveness,” he investment explained. lounge that is particularly Furthermore, BKPM has allocated designated for trained priority investment officers three-hours to provide assistance for investors in licensing services the three-hours investment licensing and having service. Investors who come directly made small with their investment plan equals to conversations over IDR 100 billion (USD 8 million) with the and/or employs at least 1.000 representatives manpower, are expected to bring their of 22 ministries ID (passport or the deed of foreign in BKPM’s one company ownership) and the flowchart stop services. of their production activity. The event was attended by more than 400 prominent stakeholders which include Chairman of BKPM, Franky Sibarani “The service process flow would be like the Coordinating Economic Affairs stated at the launching of Three-Hours this, firstly, the eligible investors have Minister, along with Minister of Foreign Investment Licensing Service that the to come to BKPM in person and take Affairs, Minister of Industry, Minister of simplifying services is part of Revolusi the queuing number. Then they will Trade, Minister of Manpower, Minister Mental (mental revolution) which is be greeted by Director of Investment of Agrarian and Spatial Affairs/Chief of President Joko Widodo’s flagship Services. Investors are welcome to National Land Agency, Chief of National program. “Vice-President Jusuf Kalla is wait in the investment lounge for three- Police, Ambassadors, foreign business always supportive on BKPM program. hours investment licensing service. The associations, captain of industries, and When we launched the one stop services priority investment officer will deal with potential investors. back on January 26th last year, it could all the documents needed and hand not have happened without his support them out to the investors when all of the Vice-President Jusuf Kalla highlighted and directive,” said Franky. processes are finished,” he mentioned. the importance of the said service to support the achievement of 7% Franky mentioned that BKPM has In addition, Franky asserted that the economic growth target. “Before I come undertaken three steps improvements launching which took place today to this event, I asked my people to check to bolster the investment acceleration. is an improvement of the previous the three-hours licensing services, and First is to simplify the investment three-hours licensing service. The it is really a tremendous achievement licenses, and to facilitate investment former service which was launched for us in order to assist investors in projects that are facing some on October 26th 2015 comprised three Indonesia,” he said on his speech on the obstructions (debottlenecking), and license products and one land-booking opening ceremony in Nusantara Room, lastly to boost investment. certificate. Up until January 11th 2016, BKPM office, Monday (11/1). there are 7 companies that have According to Franky, Three-Hours utilized the three-hours service with Kalla asserted that the competition Investment Licensing Service retains total investment value worth IDR 17.85 with other countries to attract foreign a strategic role in accelerating trillion. “Those companies come from direct investment is becoming more investment flow to Indonesia, foreign industrial sector, real estate, power competitive. During the event, Kalla and domestically. “With this service, plant, port, and livestock production,” accompanied by Chairman BKPM and we expect that in the terms of license he described.

FACILITATING TRADE & INVESTMENT BETWEEN INDONESIA AND BRITAIN www.britcham.or.id | 19 www.rolls-royce.com

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Michael S. Carl (michaelcarl@ssek. com) has been with SSEK Legal Consultants since 2004. He is recognized by independent legal publications as a leading practitioner in the fields of banking and finance, capital markets, corporate/M&A, mining, Ownership of Homes projects and energy, real estate, and restructuring and or Residences by insolvency. Michael was voted an External Counsel of the Year for Indonesia Foreigners in Indonesia by the readers of Asian-MENA Counsel, who cited his wide-ranging knowledge and experience INDONESIA ISSUED GOVERNMENT REGULATION NO. 103 OF 2015 with Indonesian law and responsiveness to client REGARDING THE OWNERSHIP OF HOMES OR RESIDENCES BY FOREIGNERS needs. Michael received his J.D. in 1994 from RESIDING IN INDONESIA (“GR 103/2015”) IN LATE DECEMBER 2015. GR the University of California at Berkeley 103/2015 ENTERED INTO FORCE ON DECEMBER 28, 2015. THE GOVERNMENT (Boalt Hall) School of MADE THE NEW RULING PUBLIC EARLIER THIS WEEK. Law, and earned an Indonesian law degree in 2012 from Atma Jaya CHANGES IMPORTANT POINTS IN THE NEW right-of-use University. He is fluent GR 103/2015 does not introduce REGULATION (hak pakai) in Indonesian. any radical changes, as foreigners GR 103/2015 addresses the previously not only on residing in Indonesia could already ambiguous provision concerning state land, own homes or apartment units in the qualification of foreigners who are as before, country under Government Regulation eligible to own a home in Indonesia. but also on No. 41 of 1996, which was revoked by GR 103/2015 stipulates that foreigners freehold (hak GR 103/2015. who hold a legal stay permit – milik) land diplomatic stay permit, official stay owned by an Miftahul Khairi (miftahulkhairi@ssek. There had been some speculation permit, residence stay permit, limited Indonesian. com) is an associate at that the government, as part of the stay permit or permanent stay permit • Foreigners SSEK Legal Consultants. He received his Bachelor economic stimulus packages it has who give benefit, conduct business, may buy and of Law from the University been introducing since last year, would work or invest in Indonesia ¬– may own own a landed of Indonesia in 2014. make major changes to the rules homes/apartment units in Indonesia. house under on home ownership by foreigners, right of use in order to stimulate the property GR 103/2015 also introduces the (hak pakai) market. Speculation included the following provisions that were not in for an initial possibility that foreigners domiciled the previous regulation: period of 30 abroad may be permitted to own • Homes owned by a foreigner years. This may be extended for homes/apartments units in Indonesia. in Indonesia may be passed by an additional 20 years and further However, that is not the case under GR inheritance. If the heir is a foreigner, renewed for 30 years. If the right of 103/2015, which requires foreigners the heir must also have a legal use (hak pakai) is on freehold (hak to have a legal stay permit to own a stay permit in accordance with the milik) land, the consent of the owner home/residence in Indonesia. prevailing laws and regulations. of the freehold land will be required • Indonesian citizens marrying to extend. Significantly, foreigners must sell foreigners do not lose the right to their homes to a qualifying person own title over land insofar as the title GR 103/2015 provides that the grant, within a year after relinquishing their to the land is not part of the marital release or transfer of ownership of a legal stay permit. This is an important property. This must be evidenced by home or residence by a foreigner will consideration for any foreigner looking a notarized prenuptial agreement. be further stipulated in regulations to acquire a home in Indonesia as a • GR 103/2015 allows foreign to be issued by the National Land long-term investment. ownership of a landed house under Agency.

FACILITATING TRADE & INVESTMENT BETWEEN INDONESIA AND BRITAIN www.britcham.or.id | 21 BUSINESS & ECONOMICS

Strong Forces behind the Growth of F&B Sector THE FOOD CONSUMPTION PATTERNS AROUND THE GLOBE HAVE BEEN CONSTANTLY EVOLVING, MAINLY ATTRIBUTABLE TO THE FACTORS OF POPULATION GROWTH, DEMOGRAPHIC TRANSITION AND RAPID URBANISATION, AND THAT PHENOMENON IS NOTED PARTICULARLY IN EMERGING MARKETS. INDONESIA, HOME TO THE WORLD’S FOURTH LARGEST POPULATION, HAS BEEN EXPERIENCING BUOYANT ECONOMIC GROWTH, TRIGGERING A SHIFT IN FOOD AND BEVERAGE (F&B) CONSUMPTION AND A FLOURISHING F&B SECTOR WHICH IS EXPECTED TO KEEP GROWING IN THE YEARS TO COME.

HIGHLY COMPETITIVE SECTOR 6,000 local and foreign companies, with vast improvement in purchasing WITH IMPRESSIVE GROWTH out of which approximately 90% are power and consumer confidence. Indonesia has boasted an economic classified as large or medium sized. growth of approximately 5% and Key players are, namely Indofood According to Economist Intelligence remains a very large market for F&B and Garuda Food as well as Danone Unit, by 2030, Indonesia is forecasted products. Fuelled by rising disposable and Nestlé. On the other hand, the to register 35 million households incomes, increased spending on food food retail sector is characterised by earning disposable income exceeding by the middle class, and change in convenience stores, hypermarkets US$5,000 p.a. at constant prices, urban lifestyles, the F&B sector has and supermarkets. French-based firm representing the 3rd largest growth seen a constant impressive growth Carrefour dominates hypermarket market in the world in this regard, and over the last decade. The sector’s retailing, and the Belgian-based its capital Jakarta would be the biggest output has contributed as much as Delhaize owns a large stake in the city with young and consumptive 7% of the GDP, and over 31% of the biggest supermarket operator. population in the world. The process of total industrial manufacturing output, urbanisation in Indonesia is anticipated representing the biggest contribution STRONG PURCHASING POWER to continue, with the United Nations towards GPD for non-oil sector. AND CONSUMER CONFIDENCE forecasting that 2/3 of Indonesian The Indonesian consumer group is consumers will be urbanised by 2050. Foreseeing the promising business projected to be persistently growing in prospects, local and foreign companies number, primarily driven by the growth Meanwhile, the level of consumer are already competing for the F&B of young population (approximately 40% confidence continues to surge, paralleling market share. The sector as a whole of Indonesian citizens are below 24 years the growth of the country’s economy is estimated to encompass more than of age) and speed of urbanisation coupled and the increase in the minimum wage

22 | UP.DATE ISSUE 01 2016 COPYRIGHT © 2016 THE BRITISH CHAMBER OF COMMERCE IN INDONESIA level. Based on the perception of local of packaged food have also grown amount to 13.3% career prospects, personal finances rapidly. The prevalence of packaged whilst soft drinks and immediate spending intentions, the food products corresponds in part to sales growing by Nielsen’s Global Consumer Confidence the urban consumers’ need for time- 11.4% in 2015. Index Q2 2015 Report revealed a high level saving convenience and desire for Ferrianto Gigi Liu, Corporate of consumer confidence in Indonesia, variety. Meanwhile, packaging acts Pranata, City Director – Marketing Communications, The posting the third highest quarterly global as a partial guarantor of food quality Head of Jakarta, Executive Centre. index score, following India and the and food safety and allows storage The Executive With over 15 years of experience in corporate Philippines. for a period of time. That’s why small Centre is branding, marketing, convenience stores like Alfamart and optimistic about public relations, corporate social SHIFTING FOOD CONSUMPTION Indomaret are burgeoning in both big the F&B market responsibility and PATTERNS cities and small towns benefitting from in Indonesia, stakeholder management. The Executive Centre The rise of income implies a shift in the advancing packaging technology. saying “The provides serviced offices, consumption patterns, leading to a economic growth virtual offices, meeting and conference facilities, greater demand for animal products, POSITIVE PROSPECTS OF and urbanisation and business concierge meat and dairy products, especially BEVERAGE MARKET in Indonesia services to multinational corporations, small- if those products are to be offered at Leveraging the world’s largest over the past and medium-sized a lower price resulting from a higher Muslim population and motivated by decade has been enterprises, and start- ups locally, regionally abundance of refrigeration facilities the increasingly health-conscious accompanied by and internationally. and improvements in the supply chain. consumers, the non-alcoholic a fast-growing Despite the fact that Indonesia’s level beverage market in Indonesia is modern retail of animal product consumption (meat, flourishing with stable year-on-year food sector and fish, diary, egg, milk, etc) per person growth. The top 3 Indonesian favourite changes is still considered low compared to consumptions are hot coffee, tea in food other rapidly developing countries, and iced tea drinks. Conversely, the consumption patterns. The F&B the consumption figure increases at a alcoholic beverage market is more industry is expected to keep its steady rate year-on-year. regulated and is subject to heavy growing momentum in the future, taxes and exercise duties, and closed and evolving food consumption Along with the growing trend for animal to foreign investment. Common patterns will also characterise proteins consumption, new consumption alcoholic drinks available in Indonesia the future trends as a young and behaviour arises simultaneously. are beer and wine, both of which are urbanised population tends to have Apparently, a more educated class has produced by local manufacturers a greater concern for healthy food emerged in the Indonesian population, such as Multi Bintang and Orang Tua. and beverages. In addition to this, the with a remarkable growth in the number Notwithstanding the government growing Indonesian tourism will also of health-conscious consumers who regulations and policies, there is still result in a higher demand for specific tend to make more intelligent choices potential development in alcoholic foreign food products.” to maintain a healthy diet and are willing beverage market fuelled by the to pay extra for better quality. That new demand from upper-income bracket CHALLENGES AND MOVING consumption pattern, driven by the local consumers, as well as from FORWARD attention to quality and health, has given expatriates and tourist communities. Looking ahead, despite the promising rise to a growing consumption of healthy, In particular, the wine sector in opportunities, it is important to F&B products, such as organic fruits, Indonesia is outperforming given the note that many national policies sugar-free drinks, and gluten-free food. widespread perception of wine being immensely regulate the trade of F&B For this reason, the F&B market has a healthier alternative than other and a number of requirements have witnessed more food manufacturers alcoholic beverages. Ostensibly, the to be strictly followed such as Halal innovating a variety of healthy F&B consumption of wine in Indonesia has regulations and labelling that can products namely nutritional drinks and increased by an annual average of hardly be ignored. And the lack of cold cereals enhanced with vitamins and 20-25%, and is expected to sustain a chain infrastructures and cold storage minerals to accommodate the buoyant similar growth rate in 2015. facilities especially outside the main consumer demand and gain market island of Java are also the challenges preference; and more retailers using FUTURE TRENDS facing today’s sector that may persist healthy motivations to attract consumers According to the Business Monitor in the medium-term. Albeit these in their marketing campaigns. International Report on Food and hurdles, supported by the favourable Beverages in Indonesia, the food micro- and macro-level factors, the Consistent with the increased share consumption growth rate is forecasted Indonesia’s F&B Industry is and will growth of healthy food products in the to be 9.4% for 2015. For alcoholic continue to be an important industry food consumption data, retail sales drinks, sales growth is expected to for the country.

FACILITATING TRADE & INVESTMENT BETWEEN INDONESIA AND BRITAIN www.britcham.or.id | 23 SPECIAL EVENTS BritCham Christmas Party 2015 THURSDAY, 10 DECEMBER 2015 | MANDARIN ORIENTAL HOTEL, JAKARTA ALICE IN WONDERLAND WAS THE THEME OF THIS YEAR’S BRITCHAM CHRISTMAS PARTY. THE BRITCHAM TEAM WORE COSTUMES RELEVANT TO THE THEME WITH CEO CHRIS WREN BRINGING SMILES TO THE ROOM DRESSED AS THE MAD HATTER.

Nearly 200 people attended both Hinchley, prosperity and Economic members and non-members Team Head. enjoying the show and performance of Arkadius Ari Wibodo and The Arc All fundraising is in support of the Music Organizer. The guests were BritCham community initiative, Giving also savouring the food and drink Kids a Sporting Chance (GKSC) provided by Mandarin Oriental Hotel Jakarta. Special thanks to Mandarin Oriental Hotel Jakarta. We were delighted to welcome VIP guests, Hasan Soedjono, Independent Britcham would like to express its Commissioner at Garuda Indonesia, gratitude to the parties below for their Juliet Maric, Deputy Head of Mission, genuine support of the 2015 BritCham British Embassy Jakarta and Carol Christmas Party:

PLATINUM SPONSOR:

GOLD SPONSORS:

CHRISTMAS CRACKER: PHOTOWALL: BOOKLET: NOVELTRY:

AIRLINE SPONSOR: COGNAC: SILVER SPONSOR:

WITH APPRECIATION TO CORPORATE TABLE SPONSORS: Kelly’s Express – Premier Oil – Cushman Wakefield – JLL – Matahari Dept. Store – Hill Konsultan – Ben Line Agencies – ISCI Hockey – Numada

OTHER PARTNERS:

24 | UP.DATE ISSUE 01 2016 COPYRIGHT © 2016 THE BRITISH CHAMBER OF COMMERCE IN INDONESIA FACILITATING TRADE & INVESTMENT BETWEEN INDONESIA AND BRITAIN www.britcham.or.id | 25 LOUNGE SKYTRAX 21x29.7cm ING.indd 1 26.01.2016 10:33 SPECIAL EVENTS

‘UK VISIT SEMINAR 2016 – BANDUNG’ Understanding the Opportunities for West Java Business with British Business MARCH 10TH, 2016 – THE BRITISH CHAMBER OF COMMERCE IN INDONESIA (BRITCHAM) IN COLLABORATION WITH KADIN JAWA BARAT, TODAY TOOK THE FIRST STEPS TO A TRADE VISIT OF WEST JAVA BUSINESSES TO THE UK IN THE FORTHCOMING MONTHS. THE ‘UK VISIT SEMINAR 2016’ IN BANDUNG, WAS ATTENDED BY 40+ BUSINESSES THAT REPRESENT KEY SECTORS INCLUDING INFRASTRUCTURE (FOCUS ON MARINE & PORTS), AGRI-TECH, RENEWABLE & CLEAN ENERGIES, HOSPITALITY AND MANUFACTURING SUPPLY CHAIN. THE SEMINAR INCLUDED A MACRO-ECONOMIC OVERVIEW FROM BANK INDONESIA, AS WELL AS THE LATEST FOREIGN INVESTMENT GUIDELINES FROM BKPM JAWA BARAT. A ROUND-UP OF THE SEMINAR WAS CONDUCTED BY BRITCHAM CHIEF EXECUTIVE DIRECTOR, CHRIS WREN. During the seminar, Pak Agung Suryaman Sutisno, Chair of KADIN Jawa Barat and his team presented some of the opportunities available to foreign investment within the focus sectors. Chief Executive Director of BritCham, Chris Wren has pledged to mobilise the support of the 53 regional Chambers in the UK to find matches for West Java business opportunities. “We are here in Bandung because we accept that West Java is the natural hub for Indonesia and possibly a location for access to parts of ASEAN as the AEC develops. We are keen for British investors to participate in the opportunities in West Java. We are FROM LEFT TO RIGHT: CHRIS WREN (BritCham Exec. Director), AGUNG S. SUTISNO (Chairman of West Java Chamber of Commerce and Industry), BKPM Representative in West Java, DUDI DERMAWAN (Bank of greatly encouraging local businesses Indonesia) to engage with British SMEs as agents and distributors and to make best use resource into West Java as a part of the of pioneering British technologies.” commitment entered into via a KADIN Jawa Barat/BritCham MOU entered into The next step will be for a mission of back in last year. “That is part one. Part around 20 businesses to invest in the two is to match-make businesses in the UK visit just a few days before President UK. Part three is to bring a reciprocal Jokowi’s trip to London in mid-April. UK business trade mission back to West Chris Wren added that the timing is Java soon after in May.” perfect as British media will already have the focus on Indonesia. “Indonesia To join the UK visit, businesses need will be very much on the radar of British to demonstrate a clear business business at this time.” opportunity and to have identified what type of partner they are seeking. In the BritCham Chairman, Adrian Short, UK, BritCham and the initiative will be confirmed that British Embassy had just fully supported by Bank Indonesia and put a full time business development BKPM in London. West Java Businesses and Journalists

FACILITATING TRADE & INVESTMENT BETWEEN INDONESIA AND BRITAIN www.britcham.or.id | 27 SPECIAL EVENTS

Chris Wren, CEO of BritCham welcomed the speakers congratulating HE Sukma to his new position and opened with a BRITCHAM YOUNG PROFESSIONALS GROUP question regarding his interests in becoming ambassador. In response; HE Sukma explained about his time Meet the new Indonesian as a student in the UK, he found the visa process slow and frustrating promising to himself that he would Ambassador to the UK one day change this situation. His parents also had close connections Panel Discussion to the UK and these two factors are the driving force for his interests to THURSDAY, 21 JANUARY 2016 | MERCANTILE ATHLETIC work with this country. Pak Sukma CLUB JAKARTA mentioned five points which he will focus on during his role in the UK BRITCHAM WAS PROUD TO INTRODUCE RIZAL SUKMA, THE these include; Trade and Investment, NEW INDONESIAN AMBASSADOR TO THE UK ALONGSIDE Maritime Infrastructure, Tourism, Strategic Defense and Education. He J.S MEYER SIBURIAN THE COORDINATING MARKETING also realizes the fact that Indonesia OFFICER OF EUROPE FOR BKPM INDONESIA. is a great opportunity for the UK for investment; however more work needs to be done to ensure Indonesia stands out on the map.

HE Sukma mentioned that there had been a big change in terms of the licensing process in the country for International businesses. BKPM has started offering the promised three- hour licensing service for investors planning to open businesses in a bid to attract large-scale investment and eventually create jobs in the country. HE Sukma believes that Pak Jokowi will be able to push the economic policy and improve the situation with doing business internationally. New HE RIZAL SUKMA (Indonesian Ambassador to the UK) and MEYER SIBURIAN (Coordinator Marketing business opportunities outside of Officer Europe of BKPM Indonesia) Java is currently highly focused on, with the East Indonesia – UK mission “HE SUKMA BELIEVES THAT PAK JOKOWI WILL BE ABLE going well under way. Tourism and manufacturing are the key industries TO PUSH THE ECONOMIC POLICY AND IMPROVE THE that will help push the local economy SITUATION WITH DOING BUSINESS INTERNATIONALLY. further. NEW BUSINESS OPPORTUNITIES OUTSIDE OF JAVA Chris Wren asks Pak Siburian what IS CURRENTLY HIGHLY FOCUSED ON, WITH THE he would like to see between BKPM EAST INDONESIA – UK MISSION GOING WELL UNDER and UKTI take place in the near WAY. TOURISM AND MANUFACTURING ARE THE KEY future. Pak Siburian talks about the Business mission trip to the UK INDUSTRIES THAT WILL HELP PUSH THE LOCAL where 20 Indonesian businesses ECONOMY FURTHER.” will partner with UK businesses and discuss trading opportunities. This

28 | UP.DATE ISSUE 01 2016 COPYRIGHT © 2016 THE BRITISH CHAMBER OF COMMERCE IN INDONESIA JAKA SINGGIH (Bumi Laut Group) The participant asking question in ANDREW SUTEDJA (Chairman of YPG) and ADRIAN SHORT (Chairman of BritCham) and Q&A session HE RIZAL SUKMA (Indonesian Ambassador MEYER SIBURIAN (Coordinator Marketing to the UK) Officer Europe of BKPM Indonesia)

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1. CHRIS WREN (Executive Director of 3 4 BritCham), HE RIZAL SUKMA (Indonesian Ambassador to the UK) and MEYER SIBURIAN (Coordinator Marketing Officer Europe of BKPM Indonesia) 2. The participants of YPG event 3. The participants of the event with ANDREW SUTEDJA (Chairman of YPG), MEYER SIBURIAN (Coordinator Marketing Officer Europe of BKPM Indonesia) and CHRIS WREN (Executive Director of BritCham) 4. The participants of YPG event will be a focused trip, with a key goal Edinburgh and Liverpool taking in the A member of the Young Professionals of promoting Indonesia as part of the sights from every corner of Britain. Group who studied in England global supplier outside of palm oil and Also discussed on the panel was explained that there is little support other current exports. Pak Suburian tourism and the potential Indonesia for Indonesian citizens wanting to mentions jewelry, wooden door has to expand and promote this key work in the UK. A group in which frames and electronic products are industry. Indonesia has some of the promoted this group of expats was just a few of the products Indonesia most beautiful natural destinations on agreed to be beneficial with the new can provide in the global supply chain. the planet and this can be promoted Indonesian ambassador taking notes. In May, a selection of UK businesses further to increase tourism- expanding Opening up an authentic Indonesian will make a trip to Indonesia exploring the local economies in wider regions restaurant was recommended by the industries this country has to of the country. a member of the group- with key offer, creating key contacts for future areas of focus being the South West business relations. The audience were invited to ask of England and also Covent Garden in questions to the panel, a key discussion London. When asked which football team was education and young Indonesian HE Sukma will support to Chris’ citizens living abroad. There are The evening was a huge success with frustration the answer comes as currently over 2,000 Indonesians an interesting discussion taking place Manchester United. Pak Sukma studying abroad, which is a small and a lively audience asking great explains his daughter follows this figure when compared with Malaysia questions. We wish HE Sukma the best team and would let her down if he or India’s statistics. Pak Siburian of luck in London and are confident he decides to cheer on a rival. Keen explained that 96% of Indonesian will succeed in his ventures. Thank to further explore the country Pak international students return to you to our sponsors ICAEW, AETNA Sukma would like to visit Belfast, Indonesia after their studies abroad. and Stedja & Associates.

FACILITATING TRADE & INVESTMENT BETWEEN INDONESIA AND BRITAIN www.britcham.or.id | 29 SPECIAL EVENTS

TH BRITCHAM LUNCHEON ON THURSDAY 4 FEBRUARY BRITCHAM HELD A LUNCH MEETING AT THE RITZ CARLTON Meet Pak Rosan the IN JAKARTA INTRODUCING PAK ROSAN; THE NEW CHAIR New Chair of Indonesian OF KADIN. 65 people attended the event with Chamber of Commerce many thanks to our sponsors; PT.TMF Indonesia. BritCham’s Chairman Adrian Short introduced the event welcoming all and Industry (KADIN) members and guests of BritCham. David THURSDAY, 4 FEBRUARY 2016 | RITZ CARLTON MEGA Burke gave a short speech regarding brief updates to Kadin and the economic state KUNINGAN – JAKARTA of Indonesia. Pak Rosan gave his speech about the current investment climate, and updates to business regulations to Kadin.

ROSAN P. ROESLANI (Speaker of the Event, Chairman of KADIN) DAVID BURKE (BritCham Board Member) and ROSAN P. ROESLANI (Chairman of KADIN)

The participants SHAVEEN (Business Development Manager of ADRIAN SHORT (Chairman of BritCham), CHRIS OBNi), PERMANA ADI SAPUTRA (PB Tax) and RINA WREN (Executive Director of BritCham), and ROSAN SUTRISNO (Cushman Wakefield) P. ROESLANI (Chairman of KADIN)

Marizca Tambunan (PT SHL Indonesia), Irhoan Tanudiredja (PwC JAY SINGGIH (BritCham Board Member), CHRIS WREN (Executive Director of BritCham), ROSAN Indonesia) and Mikail Jaman (TGS AU Partners) PERKASA ROESLANI (Chairman of KADIN), ADRIAN SHORT (Chairman of BritCham) and DAVID BURKE (BritCham Board Member)

ARE YOU OPTIMISTIC REGARDING THE LATEST REGULATION OF BKPM’S Rosan P.Roeslani 3 HOURS LICENSING? A very positive action from the The New Chair of Indonesian Government. On the other hand, it is well acknowledged that ministries Chamber of Commerce and remain less coordinated amongst themselves. This is seen as a critical Industry (KADIN), issue and has had an impact on the implementation. Consistency and to be encountered sustainability are the most important by local and foreign things in which BKPM should execute businesses. when implementing the 3 hour licensing. ACCORDING TO UK AMBASSADOR WHAT ARE THE MOST POTENTIAL HMA MOAZZAM SECTORS IN INDONESIA? MALIK DURING Infrastructure, the creative industry, BCI 2015, and also tourism. Although we are DIALOGUE IS ONE not as advanced as our neighbours, OF THE MOST such as Singapore and Malaysia, we CRITICAL PARTS have lots of potential in the tourism IN GENERATING industry. We should improve the A POLICY, transport systems to encourage more ESPECIALLY WITH foreign and local tourists to visit. Well- ASSOCIATED planned marketing strategies are vital STAKEHOLDERS. in promoting Indonesia to the world. WHAT IS KADIN’S MAIN AGENDA FOR IN YOUR PERSPECTIVE, HOW TO COPE 2016? WITH COMPLEX BUREAUCRACY IN WHAT IS THE BEST STRATEGY TO Our main agenda is to review the INDONESIA? PROMOTE INDONESIAN TOURISM negative investment list with the Yes, Indonesian bureaucracy is ACROSS THE GLOBE? Indonesia Investment Coordinating deemed as complex, we have The government should add more Board (BKPM). The final report will discussed our concerns with the funding with regards to promotional be given to them immediately, this is President, Vice President, and strategy/activities. The service of regularly done by KADIN. Most of our Ministers to discuss with KADIN locals should be improved, and the key stakeholders include international prior any regulation changes or new infrastructure should be developed chambers, businesses, and delegations policies. We are representing many sufficiently. Likewise, business licensing have suggested to open the negative business associations from a variety should be a priority of the government. investment list. This is perceived as of sectors across Indonesia both local the primary agenda of KADIN in 2016, and foreign. It is important for us to WE HAVE HEARD ABOUT PALAPA to coordinate such regulations with be involved in policy making with FUND, HOW IS THE PROGRESS SO associated government body. the government regarding business FAR AND HOW MANY SMES HAVE YOU matters. In my view, the Indonesian HELPED? WHAT ARE THE BIGGEST OBSTACLES/ government has been really open to Currently, we have helped entrepreneurs CHALLENGES THAT BUSINESSES KADIN, and it is a very positive start, across 28 provinces in Indonesia. There EXPANDING TO INDONESIA ARE whereas some of the government are 4-10 businesses in each province FACING? staff from the ministries are still and we have given these entrepreneurs Over the past 10 – 15 years, there were having management issues. This is a at total of IDR 500 Million. The Palapa significant growth on commodities, huge obstacle in creating a positive Fund (Start-up initiative) will be launched industry has expanded across business climate in Indonesia. The around June 2016. Funding will be Indonesia. The price of commodities policy makers should be more open facilitated by KADIN, and we would like has declined and has caused a lack minded and proactive in dealing with to invite foreign investors to be involved of revenue and layoffs on related issues, also focus on similar purposes in future programmes. business and industries. Indeed, this and encourage businesses with is identified as the biggest challenge regards to its policy making decision. INTERVIEW BY ANKA

FACILITATING TRADE & INVESTMENT BETWEEN INDONESIA AND BRITAIN www.britcham.or.id | 31 Our expertise helps companies in Indonesia turn ‘What if’ into ‘Why not’.

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Visit qbe.co.id for more information Ross Hunter Executive Director of the UK-ASEAN Business Council

HAVE YOU BEEN TO INDONESIA BEFORE? IF SO, WHAT’S YOUR FAVORITE DESTINATION AND WHY? I first went to Indonesia nearly 20 years ago as an excitable backpacker on my way around the world, where I took in the beautiful Dutch architecture and the stunning beaches of Bali. I returned some 15 years later wearing a suit, taking in the inside of hotels and offices!

WHAT IS THE MAIN ROLE OF UK- British Chambers of Commerce across PROMOTE BRITISH TRAVELERS TO ABC AND HOW WILL YOUR SERVICE ASEAN. By providing this point-to-point INDONESIA? BENEFIT UK BUSINESSES? service for British companies they are I think so. Everyone knows about the The UK-ASEAN Business Council better prepared to enter the ASEAN beaches of Bali, but there is so much provides a window to ASEAN for UK markets and land on the ground – more to Indonesia that I was able to companies by signposting the latest business ready. see when I was a backpacker. Global information, relevant events and tourism is a fierce competition and providing access to senior government IN YOUR OPINION, IS THE CURRENT ‘Remarkable Indonesia’ needs to be and business figures. The UKABC gives REGULATORY FRAMEWORK THAT the new go-to-destination for UK SMEs an appreciation and insight into INDONESIA HAVE ATTRACTIVE tourists. ASEAN’s dynamic markets giving them ENOUGH TO DRAW INVESTMENT? a head start in their decision making Every regulatory framework could be THE COMPETITION AMONGST ASEAN process, enabling them to so focus on more attractive and one of the quotes COUNTRIES IS INTENSE, WHAT ARE their export or investment strategy. I heard recently about Indonesia THE STRENGTHS OF INDONESIA? was “nothing is easy, but everything The key strengths of Indonesia are its For larger companies, the UKABC works is possible”. This is where having sheer scale as ASEAN’s powerhouse hard to ensure they have opportunities an in-market partner such as the economy and central location at the to raise specific issues with the regular British Chamber of Commerce is key heart of Asia Pacific. It currently has flow of ministers and senior officials to helping you understand and then a population of 250 million and will visiting the UK, helping to ensure the navigate the regulatory environment have the world’s largest smartphone ASEAN business environment is as relevant to your business. market by 2020, reflecting its young, friendly to UK companies as possible. digital population. Indonesia is already THE TOURISM INDUSTRY IS KEY the world’s 16th largest economy in As part of the UK-ASEAN business TO INDONESIA’S ECONOMY, DO the world – 45 million members of the network, the UKABC works with the YOU FEEL THE UK CAN FURTHER consuming class and in just 15 years’

FACILITATING TRADE & INVESTMENT BETWEEN INDONESIA AND BRITAIN www.britcham.or.id | 33 THIS MONTH’S FEATURES

time Indonesia is predicated to be the 7th largest economy in the world – 135 “THE VISIT OF THE PRESIDENT OF INDONESIA IS million members of the consuming HUGELY SIGNIFICANT FOR STRENGTHENING UK- class. As part of the integrated ASEAN economy of some 600 million, the size INDONESIAN RELATIONS. INCREASING INDONESIA’S of the prize is clear. PROFILE TO UK AUDIENCES WILL BE KEY AND THE VISIT OF INDONESIA’S CHARISMATIC PRESIDENT WILL WHAT ARE YOUR EXPECTATIONS DURING AND AFTER THE UK VISIT IN ENSURE THIS HAPPENS.” APRIL? The visit of the President of Indonesia partnerships. The visit will also the UK from across ASEAN planned; is hugely significant for strengthening expose the presidential delegation the new UKABC digital platform UK-Indonesian relations. Increasing to the latest UK expertise and goes live; working with the British Indonesia’s profile to UK audiences cutting edge innovation to help drive Chamber and LCCI to bring a trade will be key and the visit of Indonesia’s collaborative efforts across a number mission to Indonesia; and running our charismatic President will ensure of sectors. These collaborations will regular series of events across the this happens. It will be important to be key to ensure the visit drives an UK. The UKABC will also be hosting a raise the awareness of the whole of increase trade between the UK and number of ASEAN focused events at Indonesia and not just the capital Indonesia. the UK’s largest business festival – city of Jakarta. As part of the visit, the International Festival of Business the British Chamber Indonesia will WHAT ARE UK-ABC’S MAIN AGENDA 2016 (www.ifb2016.com) in June, in be bringing over delegations from IN THE FORTHCOMING MONTHS? Liverpool. Surabaya and Bandung, key economic The first half of 2016 sees the UKABC centers on Java, to meet with UK pick up where it finished 2015 – busy! INTERVIEW BY BRITCHAM COMMUNICATIONS companies to discuss commercial There are a number of inward visits to TEAM (ANKA, IRENA AND CHRIS COOK) Bambang Sudradjat Vice President and Shareholders of PT. Konsultasi Pembangunan Semesta & Deputy Chairman of the Indonesian Chamber of Commerce and Industry – Central Area (Bali, Jawa and Kalimantan)

THE PRESIDENT SAID THAT VARIOUS hasn’t been affected by industrial different compared to the Chamber SECTORS HAVE BEEN IMPROVED action- another reason as to why of Commerce’s abroad. Overseas TO ATTRACT INVESTMENT, WHICH nature preservation is vital, not only for Chambers become the spearhead of PARTICULAR SECTOR DO YOU FEEL climate change but for the sustainable a country, the Chambers co-ordinate IS MOST LIKELY TO SUCCEED WHEN development of Indonesia. with the ministries of trade, industry COMPETING WITH THE ASEAN etc. But in Indonesia is not that way. The COUNTRIES? HOW HAS THE KADIN JOURNEY BEEN function of KADIN is still ambiguous Tourism is the likely sector to succeed. SO FAR IN INDONESIA? and overlapping with other agencies. Indonesian citizens take hospitality The vision and mission of KADIN seriously and always respect guests, has been progressing however, if WITH REGARDS TO THE AEC, WHAT treating them very well. Alongside our the Government does not cooperate ARE THE MAJOR CHALLENGES rich and diverse culture, Indonesia has and work with KADIN then it is a ADDRESSED BY BUSINESSES IN many beautiful nature spots which much slower process. KADIN is very INDONESIA?

34 | UP.DATE ISSUE 01 2016 COPYRIGHT © 2016 THE BRITISH CHAMBER OF COMMERCE IN INDONESIA Bureaucracy, law enforcement, regulatory reform and policies. Indonesia is one of Asian countries that is well known for the long periods of handling goods. In the sense that if there are goods that will enter or exit through one of the ports in Indonesia, the process is complicated and very long. For example in other countries when the process is only a matter of hours, in Indonesia this will take at least 3 days.

WE RECOGNIZE THAT THE INDONESIA INVESTMENT COORDINATING BOARD HAVE LAUNCHED A SET OF LICENSING SERVICES, ONE OF THE MOST RECENT IS THE 3 HOUR LICENSING PROCESS. WHAT IS YOUR STANDPOINT IN REGARDS TO THIS? DO YOU THINK THIS IS THE MOST EFFECTIVE WAY TO DRAW INVESTMENT? In connection with BKPM and its one-stop service, I strongly agree that there is only “one door” that can handle all licensing. We want to attract potential investors by improving the licensing process and making the overall process of investment much more straightforward than it currently is. I believe that Indonesia needs a lot of investment from other countries and this one-stop service is one of the things that can help.

HAVING KNOWN THE GOVERNMENT’S AGENDA TO REFORM THE DIRECT NEGATIVE INVESTMENT LIST IN THE UPCOMING MONTHS, DO YOU THINK THAT THIS WILL IMPROVE LOCAL INDUSTRIES COMPETITIVENESS? FOR INSTANCE, THE ABILITY OF MULTI- NATIONAL COMPANIES EXPLOITING “WE WANT TO ATTRACT POTENTIAL INVESTORS LOCAL INDUSTRY. There are two alternatives, either BY IMPROVING THE LICENSING PROCESS AND encourage or discourage. This is MAKING THE OVERALL PROCESS OF INVESTMENT determined by several factors, two large MUCH MORE STRAIGHTFORWARD THAN factors include the government as a facilitator and the market conditions. In IT CURRENTLY IS. I BELIEVE THAT INDONESIA NEEDS terms of exploitation, we have entered A LOT OF INVESTMENT FROM OTHER COUNTRIES the era of globalization, so I feel it is AND THIS ONE-STOP SERVICE IS ONE OF THE important we start to work together.

THINGS THAT CAN HELP.” INTERVIEW BY BRITCHAM COMMUNICATIONS (ANKA & IRENA)

FACILITATING TRADE & INVESTMENT BETWEEN INDONESIA AND BRITAIN www.britcham.or.id | 35

LEISURE & RECREATION

Dr Brando Tamayo’s first career was as a commercial diver before becoming an offshore medic and then going to medical school in Scotland. He served as a medical officer in the Royal Navy for 20 years and was qualified crew SPORTS DIVING IN INDONESIA in both Polaris and Trident submarines. As an anaesthesiologist he served tours in both INDONESIA HAS A UNIQUE AND OUTSTANDINGLY BEAUTIFUL HABITAT, Iraq and Afghanistan. He left the military BOTH ABOVE AND BELOW THE WATERLINE AND IS AN INCREASINGLY in 2010 and worked initially for the NHS POPULAR HOLIDAY DESTINATION OF A LARGE NUMBER OF RECREATIONAL as well as a defence contractor and an DIVERS. THIS ARTICLE IS AIMED AT THE LESS EXPERIENCED SPORT DIVER aeromedical company. To expand his ADVENTURER RATHER THAN THE SEASONED PROFESSIONAL. understanding of management he undertook an MBA at As with many such holiday destinations, that, remote. The access to general healthy eating, Portsmouth Business divers want to maximize their adventure medical care can be exceedingly good hydration, School during this period. His first major move but also challenge and advance their own limited, there may be no-one who little alcohol and abroad was to Russia where he was Medical diving expertise. With warm clear seas speaks English well and for many new good sleep. Also Director for a European and an abundance of tourist operators dive adventurers, the look and feel of be wary of taking standard new hospital project. He joined then the opportunities seem enormous. local national medical facilities may on new technical International SOS be unfamiliar and uncomfortable. competencies, here in Jakarta in October 2015. He has There are some general caveats however. The doctor to population ratio is such as night an interest in aviation and holds a private very low in Indonesia compared to diving or deep helicopter pilots licence. Local dive operators may or may not many developed countries and whilst diving, unless conform to an international standard. a larger number of medicines are you are very Their adherence to good practice available without prescription at comfortable standards, equipment maintenance pharmacies, if you are on any long with the dive operator, your buddies and staff training may not offer the term medication then you should bring and your own abilities. On your final same level of safety as many will have enough supplies with you to cover the day don’t forget to leave a gap before experienced in the more established dive whole trip. It is also very worthwhile to flying; at least a 12 hour gap for a holiday locations. When booking a dive bring a small first aid kit. single dive or 24 hours for multiple or holiday use the on-line forums, get word deep dives. of mouth personal recommendations In the event of a dive emergency you need and use reputable travel agents. to know who you can call for advice and In general terms, there are many on- how you can call. Mobile phone reception line guides to travel and holidays in Before you travel, get fit. Both physically must not be taken for granted, nor Indonesia which you should look at. fit and dive fit. By dive fit, this means can access to oxygen. Recompression Don’t forget about the usual risks regular diving activity, getting the body facilities may also be limited and the around food hygiene, tropical diseases, used to the stresses and strains of the travel to them certainly not straight safety and security, cultural awareness in-water environment and also used to forward. You need to take reasonable and even volcano eruptions interfering taking on a gas load and off-gassing also. levels of cash with you. ATMs may not be with air travel! The risk of Decompression Illness is as frequent as in the cities and electronic much higher in those unfit or overweight. payment fraud is not unheard of. Many So in summary. Plan your trip well, get Whilst many sport diving organizations clinics and recompression chambers fit, take cash, expect the unexpected, be don’t require a diving medical these days, do not work with insurance companies flexible, plan conservative dive days and if you have any concerns about your own directly either, so you may have to pay of course, enjoy! health then book an appointment with a and claim it back later. recognized diving physician. If you are an International SOS Member Given this, then plan your diving days on then you can get advice and help from If choosing more remote locations, the conservative side of the tables and the Jakarta Assistance Centre on +62 then bear in mind that they are just keep yourself in good condition with 21 750 6001 or Bali +62 361 710 505

FACILITATING TRADE & INVESTMENT BETWEEN INDONESIA AND BRITAIN www.britcham.or.id | 37 LEISURE & RECREATION

CULTURAL SURVIVAL GUIDE TRAVELLING WITHIN Dr Brando Tamayo’s first career was as a commercial diver before becoming an offshore INDONESIA medic and then going to medical school in Scotland. He served as TRAVELLING ON BUSINESS OR LEISURE WITHIN INDONESIA CAN BE a medical officer in the Royal Navy for 20 years A TREMENDOUSLY INTERESTING EXPERIENCE. THE HABITAT IS RICH and was qualified crew in both Polaris and Trident AND DIVERSE, THE PEOPLE WARM AND FRIENDLY AND THE SCENERY submarines. As an anaesthesiologist he SPECTACULAR IN THE EXTREME. served tours in both Iraq and Afghanistan. He left the military in 2010 and worked initially for the NHS as well as a defence contractor and an aeromedical company. To expand his understanding of management he undertook an MBA at Portsmouth Business School during this period. His first major move abroad was to Russia where he was Medical Director for a European standard new hospital project. He joined International SOS here in Jakarta in October 2015. He has an interest in aviation and holds a private helicopter pilots licence.

First of all, try to make you travel this and find strategies to not show and difficult bosses. We all know relaxed and easy. Plan your journey your frustration and mitigate your what bad and good service looks with ample time to get to airports and response. If you do show it, then of like – or we know it in the context bear in mind very congested roads in course you cause an affect in the of where we come from. Similarly, places like Jakarta. Don’t pre-load people around you and the level the look and feel of hotels and your journey with stress by packing of help and support being offered healthcare clinics, for example, the schedule too tight. In Indonesia may lessen as a consequence. Try will be different to many developed delays are common and should be to understand who you are and who world countries. It may feel to you expected. Not the least of which is are the people and the culture of at a lower standard, but in fact the risk of volcanic eruptions and the Indonesia. Another dimension of this you must accept it at a different interruption with air travel. is religious and social constraints. standard. Expect it to be different, What passes as accepted in your accept it and plan for how you might Understand the culture and have home country, or indeed in a major cope in an emergency. The ‘angry so-called cultural intelligence. city like Jakarta, may not do so in foreigner’, complaining about their That is to understand the impact of a more rural region, so be more perception of a 3rd world service, the environment and local people cautious with your behavior and helps no-one and certainly not the on you and the effect you have on clothing. person on trouble. In Indonesia, them in return. If you are a person the people are courteous and that gets upset or angry with what We all work in industries where respectful and are pleased to be you perceive to be slow service or we have difficult customers, treated so in return by foreigners. lack of pace in people then expect difficult colleagues, difficult staff Even if you do not speak any of the

Indonesian language, your body language and affect will give you away if you are angry or frustrated.

Part of the planning you need to do for your trip is to know E-BOOKS: your travel insurance company procedures. Certainly you should not be travelling without insurance and when that unforeseen event occurs you need to know who to A NEW PAGE call and how you will call them. Have an understanding of where you are going to visit and what the facilities are at that location. Give yourself an impression of what IN READING could happen and what you want to happen given an IF YOU ARE A BOOK LOVER LIKE ME AND emergency. This gives you best chance of coping when in times of stress in a unfamiliar location. Knowing what ENJOY READING AS A LEISURE ACTIVITY, is realistic and achievable will allow you to get the best THEN MOST PROBABLY YOUR BEDSIDE out of your insurance or assistance company. TABLE TOO HAS A STACK OF BOOKS. YOU WILL AGREE THAT GETTING YOUR HANDS Some general advice: • Don’t plan too tight schedules – be flexible ON THE LATEST BOOKS IN INDONESIA • Have cultural intelligence CAN BE DIFFICULT AND SOMETIMES EVEN • Do your research. Know where you are going and IMPOSSIBLE. E-BOOKS ARE THE ANSWER what the facilities are at that location TO THIS PROBLEM. • Know your travel insurance company procedures and who and how you well seek assistance if you need it Indonesian language, your body language and affect will • On board the aircraft. Sit in a row as close to the give you away if you are angry or frustrated. emergency exit as you can. Your highest chance of survival in a ditching incident is if you are sitting close Part of the planning you need to do for your trip is to know your to an emergency exit. travel insurance company procedures. Certainly you should • Don’t take you shoes off until the aircraft is well not be travelling without insurance and when that unforeseen established in the air after take-off and have them event occurs you need to know who to call and how you will on for landing. In a ditching incident, running call them. Have an understanding of where you are going to across a runway in bare feet is not recommended. visit and what the facilities are at that location. Give yourself Similarly keep your passport and mobile telephone an impression of what could happen and what you want to in your pocket during take-off and landing also. happen given an emergency. This gives you best chance You may need them if you have to get of the aircraft of coping when in times of stress in a unfamiliar location. quickly and certainly you should not stop to collect Knowing what is realistic and achievable will allow you to get bags. the best out of your insurance or assistance company. • Carry in your hand luggage hand wipes, a small bottle of alcohol gel, mobile telephone charges, a Some general advice: back-up phone battery, pen & paper and all the small • Don’t plan too tight schedules – be flexible artefacts we carry around daily that seem ordinary • Have cultural intelligence but are critical. Think about carrying a small high quality flashlight. It’s useful onboard during lights outs periods, but again if the plane ditches at night “PART OF THE PLANNING YOU it can be a life saver. Try to be as self-sufficient as NEED TO DO FOR YOUR TRIP possible. IS TO KNOW YOUR TRAVEL • If you can, travel light and take all your possessions on to the aircraft. Checking-in luggage is slow and INSURANCE COMPANY there is the ever present risk of lost luggage and theft PROCEDURES. CERTAINLY YOU • Carry cash. Access to ATMs can be limited in rural SHOULD NOT BE TRAVELLING locations and electronic payment fraud is not unheard WITHOUT INSURANCE AND of WHEN THAT UNFORESEEN EVENT Lastly, there are many on-line guides to travel and OCCURS YOU NEED TO KNOW holidays in Indonesia which you should look at. Don’t WHO TO CALL AND HOW YOU forget about the usual risks around food hygiene, WILL CALL THEM.” tropical diseases and safety and security.

FACILITATING TRADE & INVESTMENT BETWEEN INDONESIA AND BRITAIN www.britcham.or.id | 39 Celebrating 48 years of investment and progress in Indonesia.

For over four decades, BP has been working in partnership with Indonesia. We take great pride in the progress we have made, from opening the first vertically integrated liquid natural gas operation at our Tangguh plant to the $25 million investment in local communities through our Integrated Social Programs.

We plan to deepen our commitment in Indonesia in the coming years: expanding Tangguh with a third LNG train, allocating a targeted 40% of the LNG produced from this train for domestic consumption, and aiming to employ an 85% Papuan workforce at Tangguh by 2029.

To learn more about BP in Indonesia, please visit bp.com/indonesia

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• Do your research. Know where you during take-off and landing also. Checking-in are going and what the facilities are You may need them if you have luggage is at that location to get of the aircraft quickly and slow and there Poonam Sagar • Know your travel insurance certainly you should not stop to is the ever An ecommerce solutions consultant and co- company procedures and who and collect bags. present risk of owner of PT Infotech how you well seek assistance if you • Carry in your hand luggage hand lost luggage Solutions, a technology company specializing need it wipes, a small bottle of alcohol and theft in web services and • On board the aircraft. Sit in a row as gel, mobile telephone charges, • Carry cash. software products for the broadcast and close to the emergency exit as you a back-up phone battery, pen & Access to media industry. can. Your highest chance of survival paper and all the small artefacts ATMs can in a ditching incident is if you are we carry around daily that seem be limited sitting close to an emergency exit. ordinary but are critical. Think in rural locations and electronic • Don’t take you shoes off until about carrying a small high quality payment fraud is not unheard of the aircraft is well established flashlight. It’s useful onboard in the air after take-off and have during lights outs periods, but Lastly, there are many on-line guides them on for landing. In a ditching again if the plane ditches at night to travel and holidays in Indonesia incident, running across a runway it can be a life saver. Try to be as which you should look at. Don’t forget in bare feet is not recommended. self-sufficient as possible. about the usual risks around food Similarly keep your passport and • If you can, travel light and take all hygiene, tropical diseases and safety mobile telephone in your pocket your possessions on to the aircraft. and security.

Gigi Liu, Corporate Director – Marketing Communications, The Executive Centre. With over 15 years of experience in corporate branding, marketing, public relations, corporate social responsibility and stakeholder management. The Executive Centre provides serviced offices, virtual offices, meeting and conference facilities, THE and business concierge services to multinational corporations, small- FUTURE and medium-sized enterprises, and start- PARADISE ups locally, regionally and internationally. Bali

BALI IS MAGICAL. AS THE WORLD-RENOWNED SLICE OF PARADISE IN INDONESIA, BALI BLENDS BREATHTAKING MOUNTAIN SCENERIES AND WHITE SANDY BEACHES WITH A FASCINATING CULTURE AND SMILING RESIDENTS. THIS ISLAND HAS BEEN NAMED AS THE WORLD’S BEST ISLAND IN 2009 BY TRAVEL & LEISURE MAGAZINE, RANKED SECOND PLACE AMONG THE WORLD’S TOP REGION BY THE LONELY PLANET’S BEST OF TRAVEL 2010, AND HONORED AS THE WORLD’S BEST ISLAND BY THE CONDE NAST TRAVELER BEST OF READER’S CHOICE AWARD 2015.

Anointed by the global reputation, World, Island of a Thousand Temples, from world class surfing, beach sports, Bali has long been a tourism hotspot, and Island of the Smiling People. snorkelling and diving to exhilarating pulling in 4 million holidaymakers treks in the wild. This fascinating in 2015. However, with the beauty Bali has always been one of the top paradise has a unique blend of modern of the paradise being under threat leisure destinations. It appeals through recreation facilities combined with owing to the over-development and its natural beauty of mountains and wonderful shopping precincts and a the increase in foreign tourism, the volcanoes, amazing terraced rice rich past and heritage. Indonesia Government is taking major fields and exotic beaches that exude action to conserve it. tranquility and peace. It enchants with Exceptional beauties and captivating its ceremonial dances and festivals, its local cultures successfully gathers a THE PARADISE ISLAND traditional arts and crafts, its stunning variety of tourists from all around the Bali, one of the smaller islands of beachfront resorts and hotels, as world: from those who come to surf the Indonesia, goes under many names - well as its magnificent temples and waves of Kuta, Uluwatu and Dreamland, Island of Gods, The Hidden Paradise, palaces. This tropical island has much to others who are fascinated by the The Last Paradise on Earth, the to offer, from inspirational spirituality spectacular mountains and lakes at Emerald Isle of Asia, Morning of The to fine dining and exciting night life, Batur, Kintamani, or Lake Beratan

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at Bedugul, to those who merely love million inhabitants. Every day, more Nusa Tenggara, Wakatobi in Southeast shopping or resting on the beach. than 20,000 cubic metres of waste are Sulawesi, Morotai in North Maluku, dumped on public tips and only half is and Lake Toba in North Sumatra. FLOURISHING TOURISM recycled; and hundreds of hotels use up Indeed, tourism in Bali only began a large share of freshwater reserves, Meanwhile, to preserve energy in 1970s when World Bank advised with each four-star room consuming sustainability, the Government, Indonesia to strengthen its economy 300 litres a day. The cumulated effects through the Ministry of Energy and through tourism industry and that did of mass tourism, frenzied consumption Mineral Resources (ESDM), has apparently bring numerous advantages and an ecological disaster are putting announced plans to make Bali the first for the island and transform Bali from the paradise at risk of being lost. province using 100% clean energy in an unimportant economic area of the the country by 2018. country to the second most significant STEPS TOWARD SUSTAINABLE area in Indonesia. Over the past few TOURISM Ferrianto Pranata, City Head of Jakarta, years, tourism in Bali has been evolving In an attempt to mitigate the adverse The Executive Centre commented, and growing rapidly as it receives effects of mass tourism on Bali’s “Sustainability can go hand in hand special attention from the government economic and culture landscapes, with economic growth, and sustainable in order to achieve the government’s the Indonesian Government has put tourism is the way ahead. Apparently, middle-term target of attracting about greater emphasis on the environment the Indonesian Government’s latest 20 million foreign tourists by 2020 in and sustainability, and implemented tourism policy has taken on board the the whole archipelago. ongoing initiatives to drive the tourism principles of environmental protection sector through sustainable growth. and sustainable development and The number of tourists doubled from 2 is also based on the four-pronged million in 2009 to 4 million in 2015. The Building rules and regulations have approach: pro-poor, pro-growth, pro- foreign tourists are mostly from the gradually been tightened and the job, and pro-environment.” neighboring countries in Asia Pacific, development criteria expanded. namely Australia, China, India, Japan, Building heights have been restrained He continued, “In reality, there are Malaysia and Singapore as the biggest by a rule that stipulates that no new numerous factors like rulemaking, main. Unlike any other destinations, buildings can be taller than the tallest funding, capacity that shape and the tropical climate makes Bali an palm tree; and one of the provisions determine how that policy is attractive destination all-year round also makes it compulsory for resorts implemented and ultimately, the impact with very high hotel room occupancy. to be set back at least 150 metres it will have, regardless of how well the As a major leisure destination in from beaches. A new decree has been policy is formulated. Overall, effective Indonesia with key contribution to the issued to ban new buildings in already policy requires input and commitment tourism sector of the local economy, developed areas so as to prevent future from the whole Bali community, and Bali is expected to see the development concrete jungles. Local Balinese the local Balinese authorities play of 50 hotels in 2016 with a total of 8,283 authorities now closely monitor the an important role in monitoring and rooms, a 100% increase in the number building of new tourist facilities, evaluating the implementation of new of hotel development projects on the issuing permits and supporting the rules and regulations.” island compared to that in 2015 in which required infrastructural development around 25 new hotels were established. to sustain new buildings; and CONSERVING THE PARADISE implement sustainable practices with Striking the balance between economic IMBALANCE BETWEEN which agriculture, tourism and small growth and sustainable development is GROWTH AND SUSTAINABILITY scale industry synergistically support proving to be a great challenge for the Beyond the luxurious hotels and crystal each other. Balinese authorities as tourism is big waters however there is a negative business and is proven substantial as side to this economic prosperity. The Government has also revealed means for economic development. At Alarmingly, the mass tourism and plans to develop ten tourist any rate, compared with other holiday over-development are not in line with a destinations in 2017 to shift the focus venues in South-East Asia, Bali has proper planning and have caused some of Indonesian tourism away from Bali. retained much of its magic, at least in damages to the island’s social and The ten destinations are Tanjung the areas so far not affected by mass natural environment. Every year, over Kelayang in Belitung, Tanjung Lesung tourism. But if nothing is executed 1,000 hectares of agricultural land are in Banten, Thousand Islands in Jakarta, to halt the current alarming trends, lost to hotels, luxury housing for rich Borobudur Temple in Central Java, it may suffer the same fate as other foreigners or just roads to improve Mount Bromo in East Java, Mandalika dream destinations. Conserving Bali connections on this island with 3.5 in South Lombok, Labuan Bajo in East thus cannot be ignored.

44 | UP.DATE ISSUE 01 2016 COPYRIGHT © 2016 THE BRITISH CHAMBER OF COMMERCE IN INDONESIA LEISURE & RECREATION A JOURNEY TO EXOTIC Anka Communications Coordinator INDONESIA BritCham HOLIDAYS ARE ALWAYS FUN AND EXCITING. IT’S A WAY TO REFRESH YOUR MIND AND SOUL WITH NEW ADVENTURES, ACKNOWLEDGE YOURSELF WITH DIVERSE CULTURES, MEET DIFFERENT PEOPLE, AND REALISING THAT LIFE IS MORE THAN SITTING IN THE OFFICE ALL DAY.

Nowadays, travel is recognised water lake in Satonda crater. The as a lifestyle for young adults in eruption of Mount Tambora on 15 April Indonesia. Low cost fares are likely 1815 formed an ancient lake. It was the main factor of the current vogue. once filled with fresh water, however Indeed, not only that, Indonesia the lake now contains salt water after is also famously known as a vast the tsunami happened due to eruption. archipelago with endless natural The outcomes of the eruption was landscapes. Considering several enormous across the world, one options of marvellous destinations, I of these included non-stop rain in decided to spend my Christmas and throughout the UK. The phenomenon New Year’s Eve exploring one of the triggered a typhus epidemic that killed most enchanting places in Indonesia 65,000 people. Further, it also resulted named the Komodo Islands. The trip in darkness which inflicted on crop was quite spontaneous as I travelled failure in China, Europe, and Ireland by myself. I successfully managed to and also led to food shortages within book a 5 day and 4 night sailing journey these countries. from Lombok to Komodo Islands. heavy luggage, whereas bring your I have short listed a few must-visit GILI LABA ISLAND backpack and wear sport shoes. The destinations in East Indonesia. There trekking route is quite tough, make is so much to explore right here in the sure you prepare water and food. The Komodo Islands. journey to the top takes time roughly 1 hour and 45 minutes to go back to SATONDA ISLAND the beach. If you are into nature, Gili Laba is definitely a paradise for you! With such a credible local guide, you will often find hidden place to enjoy the view from the top of island.

MANTA POINT The second destination and also the second day of my trip was the Gili Laba Island. Sailing for 20 hours from Satonda Island was definitely worth it. We arrived there around 6 Perhaps, no one has ever heard about am, perfect moment to spend some this island as it’s hard to find. The time and laying on the beach which island is situated in the northern coast seemed like ours because no one of the island of Sumbawa, near to Moyo lives there. The island has been Island. Satonda Island was created by well preserved over the years by a volcanic eruption on the sea floor at the Government. Gili Laba looks a depth of 1,000 meters, and thrust outstanding, it is the most enchanting Manta Point is an area where Manta upwards some millions of years ago. island amongst others in Komodo Rays are often encountered. Divers What makes the island unique and Islands. If you decide to visit the and snorkellers will recognise this enchanting is the presence of a salt island, I would suggest not to carry place as it is greatly popular amongst

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those who loves diving and snorkelling. Manta rays are huge marine creatures that are capable to grow up to 4 meters wide. Although they are vast in size, the sea creature is not harmful to humans. Manta Rays are identified as one of the most extinct animals on earth making this place a must visit location. Divers and marine life lovers have been doing their best to keep them safe from illegal fishing practices. I was very grateful to see them, they beautifully swim in a is a type of amoeba microscopic animals group (approximately 9 Manta Rays) named Foraminifera which produce red from one spot to another. A place like or pink light on the reef. The water is Manta Point is a true hidden gem for a very clear, clean, and healthy, makes it diver like me. always perfect for snorkeling. The corals are multi-coloured and rich, makes If you are into sea life, I recommend snorkels wondering even more what’s you to stop by at Manta Point after your inside. Once you are there, the water tour to see the Komodo Dragon in Loh seems to seduce you to jump off the boat Liang. Snorkelling and diving can be and start swimming. Grains of sand was done on your way back to Labuan Bajo. smooth and soft like cotton, sunbathing Although seeing Manta Rays are not can be a good choice when you are the largest lizards on earth, but do not guaranteed, you will get a memorable there. This place makes people do not let their size fool you; Komodo can chase and excellent snorkelling experience. want to go home or back to their boat. down prey - usually a hapless water Reefs are laying from only 2 meters to My new friends and I spent a whole day buffalo - at 15 miles per hour! 9 meters depth. There are a number exploring the sea creatures and reefs. of creatures that you could see during Not only that, we also played football Rinca Island attracted the world’s your snorkeling experience such as and learnt several moves of capoeira. I attention when five scuba divers were sharks, eagle rays, giant trevallies, really enjoyed witnessing the beauty of discovered stranded there in 2008. The huge clams, turtles, cuttle fish, and East Indonesia. group survived on shellfish and had to several types of sponges. If you are fend off the dragons by throwing rocks fortunate, you might get an exceptional RINCA ISLAND and dive weights. experience of swimming with the Manta Rays. Rinca is a part of Indonesia’s Komodo National Park and has been granted It’s recommended to use a life vest to UNESCO World Heritage status. If you keep your self-floating if you are not a find yourself in search of the famous good swimmer. You can also request Komodo dragon, avoid the crowds on one of the boat crew to swim along well-known Komodo Island and stop with you for your safety. It is easier to by at Rinca instead! be rescued if an unexpected incidents occurs. Boats during snorkelling on INVESTMENT this spot are usually following you OPPORTUNITIES from behind. This is to prevent being Located in East Nusa Tenggara, Rinca is A number of investment opportunities drifted far away by the currents. a tumble little island. Often, public are in Komodo islands are available. not aware about Rinca, whereas you are Infrastructure is one of the key PINK BEACH more likely to spot Komodo dragons in sectors the Government are focusing Upon my arrival on Pink Beach, I saw Rinca Island where there is less impact on. Komodo is officially recognised as the charming portraits of Pink Beach on from tourism, which is perfect! a top 10 destination in Indonesia. The the internet for unique areas around the Indonesian Government encourages islands. A trip to Pink Beach is discovering Some weighing in at 300 pounds, komodo FDI to build more hotels, adequate a jewel of Indonesia. The hidden paradise dragons can grow up to 10 feet long, are seaports and collaborate with local have pink sand which are created from poisonous, and have affected several people in order to boost economic pieces of red coral. However, the truth human fatalities. Komodo dragons are growth.

For further information, LEISURE & RECREATION appointment booking and medical enquiries, please contact: PT. Raffles Medika Indonesia one calf) and Menara Anugrah 1st Floor, Kantor Taman E TRAVEL SAFE pulmonary 3.3, Jl. Mega Kuningan embolism Lot 8.6 – 8.7, Kawasan TRAVELLING SHOULD BE A TIME FOR US TO RELAX, TAKE (occasionally Mega Kuningan Jakarta 12950 TIME OUT OF OUR HECTIC SCHEDULES, OR VISIT FAMILIES breathlessness Phone: (62 21) 5785 3979 AND FRIENDS WHO RESIDE IN DIFFERENT CORNERS OF with chest pain) Fax: (62 21) 5785 3977 24 Hour Hotline: (65) increases if THE WORLD. BY TAKING TIME TO UNWIND AND RECHARGE, 6311 1111 there is long E-mail: enquiries_ THIS CAN GIVE OUR BODY THE REST WE NEED TO STAY haul flight for 4 indonesia@ raffleshospital.com HEALTHY WHILE BRINGING THE PEACE OF MIND. hours or more, www.raffleshospital.com and especially Travelling can always be fun if for signs of possible contamination if there are everything falls into place. If you have through bad hygiene. other risk any of these health issues, make sure factors present they are well taken care of and will not ASTHMA e.g. past history, positive family disrupt your travel plans. DR STEVE YANG history, increased body mass index, Specialist in Respiratory and dehydration. Wearing tight HEADACHE Medicine Raffles Internal Medicine Centre stockings, drinking fluids in the DR TAUQEER AHMAD plane, and calf exercises or walking Specialist in Neurology should be encouraged where Raffles Neuroscience Centre Although there is no cure for asthma, it possible. can be managed and treated for normal daily living. There are a few methods The risk of miscarriage is not increased Headache may occur on one or both to manage your asthma. Before travel, with flights unless you fly very sides of the head, radiating across the visit your physician regularly to create frequently. Most airlines do require a head from one point. Seek medical an asthma management plan. During letter from your attending obstetrician advice if it worsens over days or weeks, the visit, ask the correct questions. to certify your fitness to fly once you accompanied by persistent nausea and Seek proper advice and learn self- are 28 weeks pregnant or more, and vomiting, or associated with a fever or management skills on asthma. During will not allow you to fly once you are 36 stiff neck. travel, avoid areas with high exposure weeks or more pregnant for singleton to asthma triggers. Also keep calm, pregnancies, and 32 weeks or more for One can overcome common headaches assess and monitor the symptoms. twin pregnancies. by maintaining normal sleep and wake Always stay in control of your asthma. DR TONY TAN YEW patterns. Discuss travel plans with TECK your healthcare provider with advance PREGNANCY Specialist in Obstetrics & Gynaecology Raffles planning. Do not skip or delay meals The risk of deep vein thrombosis Women’s Centre and drink more fluids daily. (usually redness and swelling of

DIARRHEA DR AMITABH MONGA Specialist in Gastroenterology Raffles Internal Medicine Centre

Diarrhea refers to watery and loose stools that usually occur more than three times a day. This discomfort can last for a few days or weeks resulting in dehydration due to fluid loss. During travel, a bowel infection could be acquired from food or water that has been contaminated or possibly from another person, who is infected. Therefore, avoid filthy environment and untrusted food handlers. Look out

48 | UP.DATE ISSUE 01 2016 LEISURE & RECREATION A MAGICAL TRIP TO NEPAL WHAT DO YOU THINK ABOUT WHEN YOU HEAR OF NEPAL? I AM SURE Irena Communications THAT 99% OF PEOPLE WOULD THINK OF MOUNT EVEREST OR THE Coordinator Assistant BritCham HIMALAYAS. WHILE IT’S TRUE THAT THE HIGHEST MOUNTAIN IN THE WORLD IS LOCATED IN NEPAL, SOME PEOPLE DON’T KNOW THAT NEPAL HAS MANY MORE ATTRACTIONS AND OTHER BEAUTIFUL SCENERIES.

It can be said that Nepal is a dream SWAYAMBHUNATH TEMPLE Numerous Hindu monarch followers destination for nature lovers, however for Swayambhunath Temple is an ancient are known to have paid their homage some other people visiting Nepal could temple located on top of the hill in to the temple including Pratap Malla, be a spiritual journey. Nepal is a small, Kathmandu Valley, west of Kathmandu the powerful king of Kathmandu, who land-locked country located between city. Bagi Buddhist Newars (the is responsible for the construction China and India. With a population of 27 inhabitants of Kathmandu Valley) of the eastern stairway in the 17th million, the majority of people are Hindu whose mythological history and origin century. Despite the temple complex followed by Buddhist. This is largely due myth as well as day-to-day religious suffering damage during the April to the fact that Siddhartha Gautama practice. Swayambhunath occupies a 2015 earthquake, during my visit the or the Buddha was born in Nepal. central position, it is probably the most buildings and the stupa have already During my travels to Nepal, most of my sacred among Buddhist pilgrimage been although with slightly different activities included visiting the famous sites. For Tibetans and followers of appearance prior to the earthquake. Hindu and Buddhist temples. Based on Tibetan Buddhism, it is second only The stupa consists of a dome at the my experience visiting the country the to Boudhanath. I saw a lot of monkeys base and above is a cubical structure Nepalese respect the values between during my visit at the temple which painted with the eyes of Buddha religions, so conflict between the two makes sense to the nickname it’s looking in all four directions. has never occurred. received as ‘Monkey Temple’. There are holy monkeys living in the north- KATHMANDU DURBAR The following are the destinations I west parts of the temple. Although the SQUARE visited during my two weeks in Nepal site is considered Buddhist, the place is Nepal has several Durbar Squares, the in chronological order from arrival. revered by both Buddhists and Hindus. generic name used to describe plazas

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and areas opposite the old royal palaces my visit to this place, the earthquake pagoda is 115 feet tall and 344 feet in Nepal. It consists of temples, idols, in 2015 badly damaged the Stupa, in diameter. Standing on top of the open courts, water fountains and more. severely cracking the spire. As a result, Ananda hill, Shanti Stupa. In particular, three Durbar Squares in the whole structure above dome and the Kathmandu Valley belonging to the the religious relics it contained, had Adds more beauty to Pokhara Valley. It three Newar kingdoms situated three to be removed, which was completed really is a beautiful place as you can see before unification, are most famous: by the end of October 2015. The a clear view of the Himalayan range, Kathmandu Durbar Square, Patan reconstruction began on 3 November Phewa Lake and Pokhara city. There Durbar Square, and Bhaktapur Durbar 2015 with the ritual placement of a new are several ways to reach the peace Square. central pole or “life tree” for the stupa pagoda. There are hiking trails, cycling at the top of the dome. tracks and the blacked surfaced road Due to the major earthquake which to the Stupa. One of the most popular happened in 2015, several buildings POKHARA and adventurous hiking trails is done in the Square have collapsed. At the On my fourth day in Nepal, I decided by crossing the Phewa Lake with l southern end of Durbar Square is to go to Pokhara, the second largest boat and climbing uphill through the one of the most curious attractions city of Nepal, located 200 km west of local villages takes which will take 45 in Nepal, the Kumari Chok. This the capital. The journey took around minutes to an hour to reach the top. gilded cage contains the Raj Kumari, 5 hours by bus from Kathmandu, However, I chose to go uphill by bike a girl chosen through an ancient withbreathtaking scenery along the and it takes 20 minutes from Phewa and mystical selection process to way. The city is also a base for trekkers lake, and 10 minutes climbing to the become the human incarnation of the undertaking the Annapurna Circuit pagoda. Being very unfit, I had to stop Hindu mother goddess, Durga. She is through ACAP region of the Annapurna a couple of times to catch my breath. worshiped during religious festivals ranges in the Himalayas. Make sure to prepare yourself when and makes public appearances at other you want to go here. times for a fee paid to her guards. Although claimed as the most expensive city in the country, I still got the PASHUPATINATH TEMPLE BOUDHANATH inexpensive hotel when I was there. I Since I went to many of the Buddhist Boudhanath or Bauddha by Nepali stayed in a hotel nearby Phewa Lake, temples during my visit in Nepal, the speakers, is a stupa located in overlooking the Himalayan Range. It was day before I came back to Indonesia Kathmandu, Nepal. The ancient Stupa surely a magical experience for me. I finally went to a Hindu temple. The is one of the largest in the world. Pashupatinath Temple is a famous, Along with Swayambhunath, it is one Because of the misinformation, I didn’t sacred Hindu temple dedicated to of the most popular tourist sites in have a chance to do the trekking activity Pashupatinath. Lord Pashupatinath the Kathmandu area. When refugees but I’m sure I’ll come back for it! is an incarnation of the Hindu God entered Nepak from Tibet in the Shiva as “lord of the animals”. He is 1950s many decided to live around POKHARA SHANTI STUPA revered throughout the Hindu world, Boudhanat, that’s why when you come Still located in Pokhara, Shanti Stupa but especially in Nepal, where he is to this place you will see a lot of Tibetan (Shanti means peace in Sanskrit) is unofficially regarded as a national deity. monks around the place. The Stupa the first World Peace Pagoda in Nepal The temple is located on the banks of is also said to entomb the remains and seventy-first pagoda built by the Bagmati River, 5 km north-east of of Kassapa Buddha. Too bad during Nipponzan-Myōhōji in the world. The Kathmandu Valley in the eastern city of Kathmandu. It is considered one of the sacred temples of Hindu faith and “IT CAN BE SAID THAT NEPAL IS A DREAM locals said it’s the Vatican of Hindu, the DESTINATION FOR NATURE LOVERS, holiest shrine of the Hindus, to worship HOWEVER FOR SOME OTHER PEOPLE Shiva. One of the major festivals of the VISITING NEPAL COULD BE A SPIRITUAL temple is Maha Shivaratri, where over 700,000 devotes from all over the world JOURNEY. NEPAL IS A SMALL, LAND-LOCKED visit. An interesting fact about the COUNTRY LOCATED BETWEEN CHINA AND festival is that it’s the only day in the INDIA. WITH A POPULATION OF 27 MILLION, annual calendar where the cannabis THE MAJORITY OF PEOPLE ARE HINDU ban is lifted temporarily during the festival. The only explanation for this FOLLOWED BY BUDDHIST.” is that the ascetics are imitating Shiva, who enjoyed smoking marijuana.

LEISURE & RECREATION

Chenny WONDERFUL INDONESIA: OBNi Project Assistant 2016, THE NEW EXCITEMENT OF INDONESIA TOURISM SECTOR LOCATED IN SOUTH EAST ASIA, INDONESIA IS THE MOST POPULOUS COUNTRY IN THE WORLD, 17,000 ISLANDS LAYING BETWEEN THE PACIFIC OCEAN AND THE INDIAN OCEAN. IT’S THE LARGEST ISLAND COUNTRY WITH AN ABUNDANT OF NATURAL RESOURCES. AS AN ARCHIPELAGIC COUNTRY, INDONESIA OFFERS NUMEROUS INVESTMENT OPPORTUNITIES IN VARIOUS SECTORS PARTICULARLY TOURISM.

By 2020, 20 million tourists are tourist destinations in the archipelago with the top wholesaler tour agents targeted to come to Indonesia, bringing on Google networks. That includes such as Thomas Cook and TUI who in foreign exchange of USD$24 billion Google View exposure which focuses sell travel package trips to Indonesia and making the tourism sector a pillar on the underwater view of the top five worldwide. of the national economy. Minister Arief marine destinations in Indonesia such Yahya said that in 2016, 12 million as Raja Ampat in West Papua, Wakatobi Another strategy of the Indonesian foreign tourists and 260 million local in Southeast Sulawesi, Bunaken in government increasing the number visitors are expected to travel for North Sulawesi, Komodo Island and in of foreign tourists is the granting of leisure in Indonesia. The table below addition to the already established view the visa-free entrance to citizens of shows that for the past five years, the of Labuan Bajo in East Nusa Tenggara. 30 countries. The United Kingdom has number of foreign arrivals in Indonesia also joined the list of countries which has grown steadily. Another example of the focus on is exempted from the previous visa tourism includes the partnership requirements. This new policy has been According to The Ministry of Tourism, with other countries in terms of effectively implemented since 1st of the planned budget for 2016 is US$390 promotion and marketing of Indonesia. July 2015 and this also means that there which is almost double compared Marketing partnerships has increased are now 90 countries that don’t need a to the 2015 allocation for tourism from just 5 countries in 2015 to 12 paid visa to enter and stay in Indonesia sector, as part of its target to attract 12 countries in 2016 and the marketing for a maximum period of 30 days. million foreign visitors. To strengthen budget has increased to USD$75 its digital marketing outreach to million. The Deputy Tourism for With this new policy, Indonesia offers a potential tourists, Tourism Minister Overseas Promotion, I Gde Pitana, huge opportunity in the tourism sector. Arif Yahya held a meeting with Google mentioned that the majority of tourists There is growing demand in the tourism founder, Sergey Brin, and met the are predicted to come from the 12 sector including hotels, condominium, Communications and Technology countries where the current focus is conference and exhibition venues. Minister, Rudiantara in Jakarta. on, including 1.09 million visitors from The momentum of ASEAN Economic Europe, mainly from the UK, France, Community also improves trade Google agreed to cooperate with Germany, and the Netherlands. He relations creating more demand for Indonesia and promote underwater also added that Indonesia cooperates the hotel and leisure industry.

2011 2012 2013 2014 2015 2016* For more information about business opportunities in Indonesia, please Foreign Tourists 7.65 8.04 8.80 9.44 9.73 12 contact our Business Development (in million) Manager, Shaveen Sharma at *Government target SOURCE: STATISTICS INDONESIA (BPS) [email protected]

BORNEO A HIDDEN PARADISE Chris Cook KALIMANTAN IS THE INDONESIAN PART OF THE ISLAND OF BORNEO WITH Communications THE NORTH SECTION OF THE ISLAND OCCUPIED BY MALAYSIA. BORNEO Assistant – Intern IS THE THIRD LARGEST ISLAND IN THE WORLD, WITH THE INDONESIAN PART COVERING SOME 580,000 KM2 THE VAST AREA IS HOME TO ONLY 12 MILLION PEOPLE. The rainforests here are some of the into tribes which hold their domains KNP is a facility to learn about the most bio-diverse areas in the world. across the region. In all but the furthest nature. Foreign visitors are charged Balikpapan, located on the east of the reaches of the rivers, the Dayak has with an entry fee of Rp 15,000. island, is called ‘Oil City’ because most modernised and urbanized. Apo Kayan of the major oil and gas companies have is a remote highland plateau inhabited In terms of sporting activities, offices there. Sepinggan International by the Dayak tribes. The Mancong and East Kalimantan offers a range of Airport, near Balikpapan is the primary Tanjung Issui Villages are inhabited different fun sports to take part in. airport on the Indonesian side with regular by Dayak Banuaq living on a very For golf lovers there is Padang Golf flights from Kuala Lumpur and Singapore traditional long-house. Tanjung issui Sepinggan in Balikpapan which is just as well as many other Indonesian cities. has a very well preserved long house, one amongst the four of the courses remodeled on the inside as a museum available here. There are biking trails On the east side of Borneo you can and hotel in the back with great rooms in Balikpapan and also Bontang which find the Derawan Islands; a wonderful and a lovely view. The two story long go through wide ranges of landscape, hidden spot that’s paradise on earth. house is inhabited by families and there from the woodlands to the sand dunes. The diving resort is a popular destination are regular dance performances- a amongst the tourists with high quality great sight to see. Further up Mahakam A trip to East Kalimantan’s Kumala licensed staff available to take you out River are the Dayak Tunjung and Island tourism park is a great way to and explore the beauty of the ocean. Kenyah tribes where long eared women spend your holiday. Being located on Pulau Kakaban, a lake full of sting-less live. Next to Tering is Melak Village, the the Mahakam River this increases its jellyfish is another great spot to explore location of Black Orchid garden, it is exotica and impression when enjoying the underwater wildlife. Maratua called Gersik Luai it is a good 20 or 30 the various facilities provided. There are Paradise Resort is a spectacular hotel minute drive deep into the wilderness. a number of activities available including on Maratua Island with some great Black Orchid season is late spring the Sky Tower where visitors could see reviews on Trip Advisor. The best through autumn but you can see other the whole island and Tenggarong city place for a quiet getaway with plenty of species throughout the year. from the 78 meter tall tower. To take options in terms of diving opportunities. a trip around the island, tourist cars Fisheries Eco Villa is another possible Kutai National Park (KNP) is a lowland are provided for Rp 3,000-Rp 4,000 location to stay during your time in tropical forest in East Kalimantan. KNP per person for each trip. If less than 5 paradise on the Derawan Islands. has an area width of 198,629 hectares. passangers, this car must be rented for Its bio-diversity and vegetation makes it Rp 20,000. It is easier and closer to reach On east Kalimantan as you go from a great destination for locals as well as Tenggarong city from Samarinda. South to North, or east to west, you foreign nature lovers and researchers. see Islam becoming a minority and At present, about 900 types of vegetation In conclusion Kalimantan and particularly the banjars becoming smaller ethnic in the park have been identified. For the east side of this beautiful island has pockets. Dayak civilization is divided local students in its surrounding areas a lot to offer. From huge shopping malls to the tribes of the Dayak Banuaq the place boasts a diverse and interesting “IN CONCLUSION KALIMANTAN AND culture. There are endless amounts PARTICULARLY THE EAST SIDE OF THIS of wildlife to see and beaches to relax BEAUTIFUL ISLAND HAS A LOT TO OFFER. on. Due to the location, the Derawan Islands haven’t received many tourists FROM HUGE SHOPPING MALLS TO THE TRIBES but currently the tourism is on the rise OF THE DAYAK BANUAQ THE PLACE BOASTS as the diving community increases and A DIVERSE AND INTERESTING CULTURE.” an improvement in transport makes travelling to the islands much easier.

FACILITATING TRADE & INVESTMENT BETWEEN INDONESIA AND BRITAIN www.britcham.or.id | 53 LIFESTYLE & HEALTH This article was written by Ron White; who has been a personal trainer for over 30 years,he has worked under Doctors, physical therapists and chiropractors. Ron’s passion for fitness comes from his love of playing sport, he lives by the The Fitness Industry motto of ‘you get fit to play sport’. ‘AN EMERGING MARKET’ Bali Health improves the health, productivity and morale of a company’s workforce. Unique, I’VE BEEN LIVING IN JAKARTA FOR THE PAST 8 YEARS AND I HAVE SEEN THE proven exercise and diet programs INDUSTRY GROW FROM STRENGTH TO STRENGTH, BUT NOT ALWAYS FOR THE generate major healthcare savings. RIGHT REASONS.

I remember going to one of the first Four: He talks to you about random Well technically yes but we are trendy fitness venues, where there stuff while you are doing your set. He forgetting the most important thing were more staff than customers. This should instead be monitoring your rep when starting your fitness journey, diet! was at off peak hours of course but then count and tempo pace. I made the mistake of going at peak FIVE: He tells you about his personal The average person’s conception of hours, where all staff were occupied problems. Hey, you pay him to get you in diet is food reduction and that’s the with clients looking to get the body of a shape, not to be his personal counselor. dangerous part, this of course will work Greek Adonis. SIX: He uses his cell phone to take on the initial phase of your program, but calls, make calls, or text while you are generally after 6 weeks the body will What confused me was the lack of working out. You are paying for his time start to plateau. Weight loss will cease machines available during the peak hours and attention! and over the period of just a few weeks and the Personal Trainers all had the you will start to gain weight and feel same generic programs, which involved He has to resemble the look of a physically and mentally flat. There is a going between Single stations and Cardio Personal Trainer, Look the part to sell simple explanation for this, all you have and the clients never achieving their own the part, you wouldn’t go to a dentist done is play around with the bodies’ personal goals after completing the 10 who has rotten teeth! Ask him questions metabolism by reducing the calories sessions they had purchased. about his experience and even better if you are starving your body of energy. he has testimonials of previous clients, It’s not really the fault of the personal with positive results! SO WHAT SHOULD I DO? trainers, the blame rests with the Start by putting good nutritious food managers who drive them to reach If he has met the above criteria have a into your body, this doesn’t mean sales based goals and targets. look at the structure of his program if it fueling your body with Sugar, another relates to the F.I.T principal, then you’re ‘Diet myth’ I look at people in the gym It’s certainly a different mentality in a onto a winner. with all these Isotonic drinks, with more western society, where experienced than enough Sugar to cover the R.D.A trainers are focused on getting results FREQUENCY; the amount of time a (recommended daily allowance). which leads to client retention and loyalty. person can commit in a weekly basis to reach their goals (this consist of 4-5 Of course you need to replenish your If any of the following sound familiar times per week) energy stores, but leave that until after it may be worth searching for a new INTENSITY; the amount of effort you your workout and replenish them with Personal Trainer… are willing to put into your workout, something nutritious like a banana. the feeling where your PT is your worst ONE: He never records anything. If he enemy, but in a nice way. My suggestion is to eat protein with cannot produce any data on how you TIME; 1 hour per session should be every meal and also snacks between have made progress outside of weight more than enough, unless the gym is meals, this allows the metabolism on scale, he is not up to par. busy of course, but if you find yourself to keep working and will speed up TWO: He is more into entertaining you waiting in between sets and reps, then the process of weight loss. Most than training you. Jumping from a Bosu this is a sign where your trainer lacks importantly consume water, your ball to a bench, with no structure to the knowledge and understanding of body is made up of 70% of it, starving your workout. basic human Kinetics. the body will starve your vital organs, THREE: His program design is boring which can lead to other complications. with very little variation. It should Once you have these 3 principals in Try to consume 5% of your bodyweight, instead be a function of your goals. place then the rest is easy, right? i.e. 80kg = 4 liters.

Giving Kids A Sporting SATURDAY, 27 FEBRUARY 2016 | NUSANTARA Chance + Nusantara 7s POLO CLUB On the 27th February as part of for tournament success with a victory the Rubypass.com Nusantara 7s at the competition. After years of hard Competition, BritCham’s Giving Kids work on the training paddock and a Sporting Chance held a training playing in Jakarta schools games, this session for school children across was the first time that most of the young Jakarta. The session took place during ladies from the Jakarta Komodos had the largest Rugby 7s tournament in come up against older players said Indonesia- held at Nusantara Polo Head coach Stephen Barber. The Club Field, Jagorawi. 120 kids attended winners from the university category from 5 elementary schools and 4 junior was Universitas Negeri Yogyakarta with high schools. For many of these kids, the overall winners of the tournament this was the first time they held a being the Jakarta Benteng Rugby Club. rugby ball or even seen the sport being played. There were laughs, smiles Thank you to the Malaysia Rugby Union and sweat from everyone. 4 rugby for sending out four referees especially coaches who came all the way from for this event. The tournament Malaysia and conducted the session in couldn’t have gone ahead without the a professional yet fun approach. support from the sponsors Rugby Pass, Singapore Rugby 2’s and APAC The Jakarta Komodos (Sponsored by Assistance. Also supporters Starbucks, BritCham Indonesia) Junior Women’s Fez by Aphrodite Bar, Coca Cola Amatil Rugby Team ended a three-year wait Indonesia and Now Jakarta. Lots of fun and laughter had by all!

The Bandung rams vs Jakarta Intercultural School Group photo at the end of the training session. 120 kids from 9 The Jakarta Banteng team watching from the side shaking hands at the end of the game schools across Jakarta took part in the event. line against UNJ

Komodo women vs Universitas Pendidikan Indonesia Rugby coach Rendy Yusuf introducing the kids to the first training Improving the passing techniques- a key skill in the activity of the day game of rugby

FACILITATING TRADE & INVESTMENT BETWEEN INDONESIA AND BRITAIN www.britcham.or.id | 55 EVENTS

WEDNESDAY, 20 JANUARY 2016 | EIBN Joint Gathering INTERCONTINENTAL HOTEL, JAKARTA

The EIBN Joint Gathering event took place on the evening of Wednesday 20th January at Rasa Restaurant – InterContinental Jakarta MidPlaza. Over two hundred people attended covering all business sectors with chambers from Germany, Netherlands and France. The Business Chambers present at the event included IFCCI, EKONID, EUROCHAM, BRITCHAM, INA. Jan Rönnfeld (Managing director of EKONID) introduced the event, welcoming all members to the evening and encouraged the opportunity to meet new possible business connections. The gathering was a huge success with a lot of networking taking place.

BREAKFAST BRIEFING WITH APINDO: In Support of a More Conducive Regulatory Environment THURSDAY,18 FEBRUARY 2016 | MANDARIN ORIENTAL JAKARTA BritCham‘s first event in 2016 was a investment target, as it contributes to breakfast briefing in cooperation with about 35% to Indonesian income. In 2016, the Employers’ Association of Indonesia about 59% of the investment are targeted (APINDO) on 18 February 2016 at in Java and 41% to be outside of Java. the Mandarin Oriental Jakarta. The The government is also targeting 65% to briefing was opened with a short talk be fulfilled by foreign investors and 35% from Executive Director Chris Wren, by domestic investors. The high target and continued with a presentation by of investment could only be reached by Shinta Widaja Kamdani, the Chair of a supporting regulatory environment. APINDO. Shinta Kamdani is the CEO of Shinta said that even though the 3 hours Sintesa Group, an Indonesian company licensing process still needs evaluation with 17 subsidiaries which operates in it is a step in the right direction to attract the consumer and industrial product in large scale investment. property and energy sectors. As an opening of the year, the briefing Highlights of the presentation included the was very fruitful and attended by around current implemented regulations of the 45 participants. government which could attract investors to expand in Indonesia. The Indonesian Thanks to Cushman & Wakefield-our SHINTA WIDJAJA KAMDANI government is planning to increase their briefing sponsor. (CEO of Sintesa Group, the Speaker of the Event)

CHRIS WREN ADRIAN SHORT MAYA BUDIMARYANTI DAVID BRAITHWAITE (Executive Director of BritCham) (Chairman of BritCham) (PT Finansi Jaya Consultindo) (Q Energy)

SHINTA WIDJAJA KAMDANI (CEO of Sintesa Group) and ADRIAN SHORT (Chairman of BritCham) giving a Participants at the event CHRIS WREN (Executive Director of BritCham) in Q&A Certificate of Appreciation to SHINTA WIDJAJA KAMDANI session (CEO of Sintesa Group)

FACILITATING TRADE & INVESTMENT BETWEEN INDONESIA AND BRITAIN www.britcham.or.id | 57 EVENTS Business and Social Gathering THURSDAY, 28 JANUARY 2016 | CROWNE PLAZA, JAKARTA

This month’s BSG was held at the Turkish bar/ restaurant; Maroush at RAFFLE SPONSORS: CASH SPONSORS: the Crowne Plaza Jakarta. There was a great turnout of 60 people enjoying the atmosphere amongst a range of directors across all industries. BritCham alongside our sponsors; Rentokil Initial and the Maroush were able to provide a raffle draw for participants of the event- with a generous selection of 12 prizes up for grabs. The lucky winners received ADRIAN SHORT (Chairman of vouchers for Starbucks, Pizza BritCham), giving Express, Maroush Dining, a stay in a raffle prize to ELLIOT HAWKINS Merlin Park Hotel and also at the Art (Cushmand and Hotel. Wakefield)

RICHARD MICHAEL (BritCham Board Member) and ADRIAN SHORT (Chairman of The audiences BritCham)

David Ramsay I.D REYNOLDS, (Pegasus BRMS) MALCOLM and Colin Harker LLEWELLYN (Pegasus BRMS) - BritCham Board Member, CHRIS EDWARD WURANGIAN (Hanny Wolfrey, JUNED RAHADIAN

SHOU BAKU (Hoshino Group), TUKUKI HOSHINO (Hoshino Group), AMY (Hoshino MAHESH, GRAHAM GARVEN, BritCham Board Member Group) and RAVENIA JULIA (Hoshino Group)

February’s BSG was held at the atmospheric Al Nafoura, Le Meridien Hotel Jakarta. 56 people attended the event both members and non- members. The BritCham team said a farewell to Daniel Hankinson (Honary Treasurer) who’s leaving Jakarta for new adventures in Hong Kong. We welcomed new and familiar faces, connections were made and a good time was had by all.

RAFFLE SPONSORS: BritCham team taking last picture with Daniel Hankinson

Students of International Internship, MARGDALENA BIRA (Santa Fe Relocation DANIEL HANKINSON (HSBC – Honorary Treasurer of BritCham BoM), CHRIS WREN Services), and JACK MCNAUGHT (International Intership) (Executive Director of BritCham), ADRIAN SHORT (Chairman of BritCham)

JAMES BRYSON (HB Capital Indonesia) and OLIVIA TANTI (Business Manager of BritCham) The crowd

BritCham’s Board of Members (Top – Bottom): CHRIS WREN (Executive Director), VANESSA IZKA VIRGINIA (Global Expandia), ELSYE YAW (Global Expandia), ADRIAN SHORT (Chairman), NICK HOLDER (BoM), JOHN ARNOLD (BoM), DANIEL NURMALA MARTIN (European Union – Indonesia Trade Cooperation Facility), HANKINSON (Hon. Treasurer), JAMES BRYSON (Hon. Secretary), MALCOLM DANIEL NICHOLLS (Head of the EU Desk at BKPM) LLEWELLYN (BoM)

FACILITATING TRADE & INVESTMENT BETWEEN INDONESIA AND BRITAIN www.britcham.or.id | 59 EVENTS

OBNI WEBINAR: Doing Business in Indonesia: The Biggest Economic Power in ASEAN! A Country too Big to Ignore?” WEDNESDAY, 10 FEBRUARY 2016 | 15.30 – 16.30

BritCham, in partnership with UKTI London and Indonesia Investment Coordinating Board (BKPM), recently conducted a webinar about Doing Business in Indonesia. This is one in a series of webinar sessions which attempts to elucidate the export and investment opportunities in Indonesia. It was hosted by key presenters, OBNi Project Director Karen Butterfield, Executive Director of BritCham Indonesia, Chris Wren, and Head of EU Desk at Indonesia Investment Coordinating Board (BKPM), Daniel

Nicholls. TOP: CHENNY (Project Assistant of OBNi), DANIEL NICHOLLS (Head Undoubtedly, the webinar was a of EU Desk at BKPM), KAREN BUTTERFIELD (Project Director huge success. Over 250 registered of OBNi), CHRIS WREN (Executive participants that is double the Director of BritCham), and LULU (Project Assistant of OBNi) attendees of last year including companies from 21 different countries- the majority British.

UKTI London have run 400 webinars this year and it was during the GREAT BOTTOM: DANIEL NICHOLLS (Head ‘Indonesia – the biggest economic of EU Desk at BKPM), KAREN BUTTERFIELD (Project Director of power in ASEAN’ webinar that the OBNi), and CHRIS WREN (Executive 15,001st attendee tuned in. The audience Director of BritCham) showed their high interest in expanding their business in Indonesia and it was Testimonials from participants: reflected during the Q&A session. • “Concise - relevant - knowledgeable and honest appraisal of opportunities and challenges.” Thanks go to UKTI and Indonesia • “Very clear speaking form the presenters, to which gave a good Investment Coordinating Board. understanding to the region.” • “Detailed and clear information about the market, which really does help For further information, and if you are when making strategic marketing decisions as regards to investing in the interested in becoming a speaker at region.” the webinars please contact Karen • “Full of very relevant information by people clearly experienced and on +62 21 522 9453 or email uksme@ enthusiastic about the region.” britcham.or.id • “Good overview of the market and how to learn more.”

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FACILITATING TRADE & INVESTMENT BETWEEN INDONESIA AND BRITAIN www.britcham.or.id | 61 MEMBER’S ANNOUNCEMENTS

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New Ad.indd 1 1/16/15 3:52 PM For further information about the British School Jakarta, please contact the Admissions office at Tel: (62-21) 745 1670 • Fax: (62-21) 745 1671 • E-mail: [email protected] • www.bsj.sch.id

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